Free Trial

Treatt (LON:TET) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Treatt logo with Basic Materials background

Key Points

  • Treatt plc shares recently surpassed their 200-day moving average, closing at GBX 273 ($3.68) with a trading volume of 181,645 shares.
  • Analysts have issued mixed ratings, with Jefferies downgrading the stock to a "hold" and adjusting the target price down to GBX 260, while Deutsche Bank raised their target to GBX 260 with a "buy" rating.
  • Treatt has a market capitalization of £160.94 million and a notably high price-to-earnings ratio of 1,488.55, which may indicate overvaluation concerns.
  • MarketBeat previews the top five stocks to own by November 1st.

Treatt plc (LON:TET - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 258.68 ($3.49) and traded as high as GBX 273 ($3.68). Treatt shares last traded at GBX 273 ($3.68), with a volume of 181,645 shares trading hands.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TET. Jefferies Financial Group downgraded shares of Treatt to a "hold" rating and decreased their target price for the stock from GBX 350 to GBX 260 in a research note on Monday, September 15th. Berenberg Bank lowered their target price on Treatt from GBX 440 to GBX 250 and set a "buy" rating on the stock in a research note on Thursday, July 24th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Treatt from GBX 200 to GBX 260 and gave the stock a "buy" rating in a research note on Monday, September 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Treatt has an average rating of "Moderate Buy" and an average target price of GBX 256.67.

Read Our Latest Stock Analysis on TET

Treatt Price Performance

The company has a market cap of £160.94 million, a price-to-earnings ratio of 1,488.55 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 company's 50 day moving average price is GBX 237.08 and its 200 day moving average price is GBX 258.68.

About Treatt

(Get Free Report)

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Treatt Right Now?

Before you consider Treatt, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Treatt wasn't on the list.

While Treatt currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.