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Tate & Lyle (OTCMKTS:TATYY) Sets New 1-Year Low - Time to Sell?

Tate & Lyle logo with Consumer Staples background

Shares of Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) hit a new 52-week low on Friday . The company traded as low as $25.19 and last traded at $25.19, with a volume of 2593 shares changing hands. The stock had previously closed at $27.35.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 19th.

View Our Latest Research Report on TATYY

Tate & Lyle Stock Performance

The firm's fifty day moving average is $28.21 and its 200-day moving average is $33.36. The company has a current ratio of 3.38, a quick ratio of 2.46 and a debt-to-equity ratio of 0.45.

Tate & Lyle Company Profile

(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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