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Tate & Lyle (OTCMKTS:TATYY) Shares Gap Up - Still a Buy?

Tate & Lyle logo with Consumer Staples background
Image from MarketBeat Media, LLC.

Key Points

  • Shares gapped up to $19.53 from a $18.60 close before the open, but volume was very low (425 shares) and the price remains below the 50‑day ($19.93) and 200‑day ($20.31) moving averages, suggesting a short-lived spike rather than a clear breakout.
  • The company shows moderate leverage and healthy liquidity with a debt‑to‑equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19.
  • Tate & Lyle is a global food and beverage ingredients supplier—operating two main units (Food & Beverage Solutions and Primary Products)—offering sweeteners, fibers, specialty starches and other formulation ingredients.
  • MarketBeat previews the top five stocks to own by June 1st.

Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $18.60, but opened at $19.53. Tate & Lyle shares last traded at $19.53, with a volume of 425 shares trading hands.

Tate & Lyle Stock Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19. The business has a 50 day moving average of $19.93 and a 200-day moving average of $20.31.

About Tate & Lyle

(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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