Shares of Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $21.55 and last traded at $21.63, with a volume of 3209 shares changing hands. The stock had previously closed at $24.68.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on TATYY shares. UBS Group raised shares of Tate & Lyle to a "hold" rating in a research report on Tuesday, June 24th. Morgan Stanley cut shares of Tate & Lyle to an "underweight" rating in a research note on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tate & Lyle has an average rating of "Moderate Buy".
View Our Latest Analysis on TATYY
Tate & Lyle Price Performance
The company has a quick ratio of 1.21, a current ratio of 2.16 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average price of $28.22 and a 200 day moving average price of $28.82.
Tate & Lyle Company Profile
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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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