Tate & Lyle (OTCMKTS:TATYY) Hits New 12-Month Low - Should You Sell?

Key Points

• New 52-week low: Shares hit a 12-month low of $18.02 and were down about 3.4% on the day with just 187 shares trading, signaling weak price action and low volume.
• Analyst consensus is "Hold": Goldman Sachs lifted its rating to "Hold" and the Street consensus is Hold (1 Strong Buy, 3 Hold, 1 Sell), reflecting mixed sentiment.
• Trading below key moving averages and moderate leverage: The stock sits below its 50‑day ($20.52) and 200‑day ($21.33) moving averages; Tate & Lyle reports a debt-to-equity of 0.73 with a quick ratio of 1.24 and current ratio of 2.19.

Shares of Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $18.02 and last traded at $18.02, with a volume of 187 shares trading hands. The stock had previously closed at $18.6450.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Tate & Lyle to a "hold" rating in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold".

Tate & Lyle Trading Down 3.4%

The firm has a 50 day moving average price of $20.52 and a 200-day moving average price of $21.33. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19.

Tate & Lyle Company Profile

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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