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Tate & Lyle (OTCMKTS:TATYY) Shares Gap Up - Here's What Happened

Tate & Lyle logo with Consumer Staples background
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Key Points

  • Tate & Lyle gapped up before the open, opening at $20.44 versus a prior close of $19.0665 and last trading at $20.44 on a volume of 202 shares, reflecting about a 1.1% uptick.
  • The stock sits above its 50‑day ($19.14) and roughly in line with its 200‑day ($19.96) moving averages, and the company shows moderate liquidity and leverage with a current ratio of 2.19, quick ratio of 1.24 and debt‑to‑equity of 0.73.
  • Tate & Lyle is a global food and beverage ingredients supplier—specializing in sweeteners, fibers, specialty starches and stabilizers—operating through its Food & Beverage Solutions and Primary Products business units.
  • Five stocks to consider instead of Tate & Lyle.

Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $19.0665, but opened at $20.44. Tate & Lyle shares last traded at $20.44, with a volume of 202 shares changing hands.

Tate & Lyle Stock Up 1.1%

The company has a fifty day moving average price of $19.14 and a 200 day moving average price of $19.96. The company has a current ratio of 2.19, a quick ratio of 1.24 and a debt-to-equity ratio of 0.73.

Tate & Lyle Company Profile

(Get Free Report)

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.

Further Reading

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