Treatt (LON:TET) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Treatt plc (LON:TET) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 230.35 and traded as low as GBX 205. Treatt shares last traded at GBX 211, with a volume of 132,583 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft increased their target price on shares of Treatt from GBX 260 to GBX 290 and gave the stock a “hold” rating in a report on Monday, October 6th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Treatt presently has an average rating of “Hold” and a consensus price target of GBX 266.67.

Treatt Stock Up 1.9%

The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78. The company has a fifty day moving average price of GBX 211.12 and a 200-day moving average price of GBX 230.35. The stock has a market capitalization of £126.76 million, a P/E ratio of 11.72 and a beta of 1.02.

Treatt (LON:TET) last posted its earnings results on Tuesday, January 20th. The company reported GBX 13.40 EPS for the quarter. Treatt had a return on equity of 8.09% and a net margin of 7.88%. As a group, research analysts forecast that Treatt plc will post 27.0420792 EPS for the current fiscal year.

Treatt Company Profile

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results. Our people are creative, technically excellent and dedicated – allowing us to develop and supply a range of ready-made or bespoke systems to suit even the most adventurous needs.