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Treatt (LON:TET) Shares Down 21.8% - Here's Why

Treatt logo with Basic Materials background

Treatt plc (LON:TET - Get Free Report)'s stock price fell 21.8% during mid-day trading on Thursday . The company traded as low as GBX 180 ($2.45) and last traded at GBX 197.80 ($2.69). 4,410,816 shares traded hands during trading, an increase of 1,206% from the average session volume of 337,810 shares. The stock had previously closed at GBX 253 ($3.44).

Treatt Stock Down 26.3%

The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.87 and a current ratio of 4.06. The business's 50 day moving average is GBX 261.52 and its 200-day moving average is GBX 323.97. The stock has a market cap of £112.70 million, a price-to-earnings ratio of 10.07 and a beta of 1.02.

Treatt (LON:TET - Get Free Report) last released its quarterly 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%. On average, sell-side analysts predict that Treatt plc will post 27.0420792 EPS for the current fiscal year.

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.

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