Tate & Lyle (OTCMKTS:TATYY) Sees Large Volume Increase – Time to Buy?

Tate & Lyle PLC (OTCMKTS:TATYY) saw unusually-high trading volume on Friday. Approximately 5,800 shares traded hands during trading, an increase of 180% from the average daily volume of 2,071 shares. The stock last traded at $30.19 and had previously closed at $30.1440.

Tate & Lyle Stock Performance

The company has a fifty day moving average price of $30.02 and a 200-day moving average price of $25.57. The company has a current ratio of 2.71, a quick ratio of 1.55 and a debt-to-equity ratio of 0.80.

About Tate & Lyle

Tate & Lyle PLC is a global provider of food and beverage ingredients and solutions. The company works with food and drink manufacturers to develop products that improve taste, texture, nutrition and stability while helping address consumer demand for lower-sugar and better-for-you foods.

Its portfolio includes sweeteners, fibers, starches, texturants, stabilizers and other specialty ingredients. Tate & Lyle’s solutions are used in categories such as beverages, dairy products, bakery goods, desserts, soups, sauces and prepared foods.