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Treatt (LON:TET) Stock Price Down 26.3% - Here's Why

Treatt logo with Basic Materials background

Treatt plc (LON:TET - Get Free Report) shares fell 26.3% on Thursday . The stock traded as low as GBX 180 ($2.45) and last traded at GBX 186.40 ($2.53). 5,970,714 shares were traded during mid-day trading, an increase of 1,612% from the average session volume of 348,795 shares. The stock had previously closed at GBX 253 ($3.44).

Treatt Price Performance

The firm's 50-day moving average price is GBX 261.52 and its two-hundred day moving average price is GBX 323.97. The stock has a market cap of £112.70 million, a PE ratio of 10.07 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.

Treatt (LON:TET - Get Free Report) last announced 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, equities analysts expect that Treatt plc will post 27.0420792 earnings per share for the current fiscal year.

Treatt Company Profile

(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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