Tate & Lyle PLC (OTCMKTS:TATYY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $20.4145, but opened at $29.42. Tate & Lyle shares last traded at $29.25, with a volume of 6,501 shares trading hands.
Tate & Lyle Stock Performance
The firm’s 50 day moving average price is $19.10 and its 200-day moving average price is $19.96. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.19 and a quick ratio of 1.24.
About Tate & Lyle
Tate & Lyle (OTCMKTS:TATYY) is a global provider of food and beverage ingredients, specializing in sweeteners, texturants and stabilizers. The company develops and supplies a diverse portfolio of products designed to enhance taste, texture and nutritional value for food and beverage manufacturers. Key offerings include high-intensity sweeteners, soluble and insoluble fibers, specialty starches and acidulants.
Operating through two main business units—Food & Beverage Solutions and Primary Products—Tate & Lyle serves a wide range of end markets.
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