Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $29.93, but opened at $28.30. Tate & Lyle shares last traded at $28.30, with a volume of 325 shares trading hands.
Wall Street Analyst Weigh In
TATYY has been the subject of several analyst reports. Barclays raised Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Citigroup upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th. Finally, UBS Group upgraded Tate & Lyle to a "hold" rating in a report on Tuesday.
View Our Latest Research Report on TATYY
Tate & Lyle Trading Up 0.6%
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 $30.32 and a two-hundred day moving average price of $30.14.
Tate & Lyle Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Monday, June 23rd will be issued a $0.6696 dividend. This represents a dividend yield of 3.19%. This is an increase from Tate & Lyle's previous dividend of $0.33. The ex-dividend date is Friday, June 20th.
About Tate & Lyle
(
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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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