Treatt (LON:TET) Shares Cross Below 200-Day Moving Average - Should You Sell?

Shares of Treatt plc (LON:TET - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 328.68 ($4.41) and traded as low as GBX 246 ($3.30). Treatt shares last traded at GBX 249.50 ($3.35), with a volume of 72,682 shares changing hands.

Treatt Stock Performance

The firm has a market cap of £150.85 million, a P/E ratio of 13.48 and a beta of 1.02. The company has a current ratio of 4.06, a quick ratio of 0.87 and a debt-to-equity ratio of 1.78. The business's fifty day simple moving average is GBX 262.52 and its 200-day simple moving average is GBX 328.68.

Treatt (LON:TET - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported GBX 4.49 ($0.06) earnings per share for the quarter. Treatt had a net margin of 7.88% and a return on equity of 8.09%. As a group, sell-side analysts expect that Treatt plc will post 27.0420792 earnings per share for the current 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.