The stock of Treatt plc (LON:TET) reached all time high today, Nov, 4 and still has GBX 619.71 target or 173.00% above today’s GBX 227.00 share price. This indicates more upside for the GBX 116.84M company. This technical setup was reported by Barchart.com. If the GBX 619.71 PT is reached, the company will be worth GBX 202.13 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 2.48% or GBX 5.5 on November 4, hitting GBX 227. About 13,327 shares traded hands. Treatt plc (LON:TET) has risen 32.24% since April 7, 2016 and is uptrending. It has outperformed by 31.15% the S&P500.
More important recent Treatt plc (LON:TET) news were published by: Uk.Finance.Yahoo.com which released: “Treatt plc (TET.L)” on March 31, 2014, also Bloomberg.com published article titled: “Cucumber Beer-Maker Treatt Toasts Investor Exit With Plant Spree”, Fool.Co.Uk published: “Should You Buy Legal & General Group Plc, Paragon Group of Companies PLC …” on October 02, 2015. More interesting news about Treatt plc (LON:TET) was released by: Prnewswire.com and their article: “Global Market Study on Natural and Organic Flavors: Rising Health …” with publication date: October 31, 2016.
Treatt PLC is a United Kingdom-based company, which is engaged in providing ingredient solutions. The company has a market cap of 116.84 million GBP. The Firm is engaged in manufacturing and supplying ingredient solutions for the flavor, fragrance and consumer goods markets with manufacturing sites in the United Kingdom, the United States and Kenya. It has a 19.24 P/E ratio. It also offers its products to clients in Rest of Europe, the Americas and other parts of the world.
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