Treatt (LON:TET) Share Price Passes Above 200 Day Moving Average of $452.02

Treatt plc (LON:TET)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 452.02 ($5.85) and traded as high as GBX 490.50 ($6.34). Treatt shares last traded at GBX 486.50 ($6.29), with a volume of 46,075 shares changing hands.

Treatt Stock Performance

The company has a current ratio of 2.96, a quick ratio of 0.87 and a debt-to-equity ratio of 8.15. The company’s 50-day moving average price is GBX 461.46 and its two-hundred day moving average price is GBX 451.62. The company has a market cap of £295.40 million, a P/E ratio of 2,702.78 and a beta of 0.93.

Treatt Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, July 4th will be given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 0.55%. Treatt’s dividend payout ratio (DPR) is 4,444.44%.

About Treatt

Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts and ingredients to the flavor, fragrance, beverage, and consumer product industries in the United Kingdom, Germany, Ireland, the United States, China, and internationally. The company offers flavor ingredients, such as citrus, coffee, tea, health and wellness, and fruits and vegetables extracts; Hics, aroma, and herb, spice, and floral ingredients.