Tate & Lyle (LON:BD15) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Tate & Lyle plc (LON:BD15Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99 ($1.25) and traded as high as GBX 99 ($1.25). Tate & Lyle shares last traded at GBX 99 ($1.25), with a volume of 7,500 shares traded.

Tate & Lyle Price Performance

The company’s 50-day simple moving average is GBX 99 and its 200-day simple moving average is GBX 99. The company has a debt-to-equity ratio of 41.91, a current ratio of 3.06 and a quick ratio of 0.48. The stock has a market capitalization of £455.62 million and a price-to-earnings ratio of 1.69.

About Tate & Lyle

(Get Free Report)

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.

Featured Articles

Receive News & Ratings for Tate & Lyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tate & Lyle and related companies with MarketBeat.com's FREE daily email newsletter.