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Tate & Lyle (OTCMKTS:TATYY) Trading 0.5% Higher - Should You Buy?

Tate & Lyle logo with Consumer Staples background

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report)'s stock price was up 0.5% during trading on Monday . The company traded as high as $30.78 and last traded at $30.75. Approximately 3,426 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 3,947 shares. The stock had previously closed at $30.59.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Barclays raised Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th. Finally, Berenberg Bank cut Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 19th.

Check Out Our Latest Report on Tate & Lyle

Tate & Lyle Price Performance

The business has a 50 day simple moving average of $29.78 and a 200-day simple moving average of $30.75. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38.

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.

Further Reading

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