Tate & Lyle (LON:BD15) Stock Passes Above 200 Day Moving Average – What’s Next?

Shares of Tate & Lyle plc (LON:BD15Get Free Report) passed 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 trading hands.

Tate & Lyle Stock Performance

The company’s 50-day moving average price is GBX 99 and its two-hundred day moving average price is GBX 99. The company has a market capitalization of £455.63 million and a price-to-earnings ratio of 1.69. The company has a debt-to-equity ratio of 41.91, a current ratio of 3.06 and a quick ratio of 0.48.

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.

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