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

Shares of Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) traded up 0.5% on Monday . The company traded as high as $30.78 and last traded at $30.75. 3,426 shares changed hands during trading, a decline of 13% from the average session volume of 3,947 shares. The stock had previously closed at $30.59.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TATYY. Barclays raised Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Berenberg Bank downgraded shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th. Finally, Citigroup raised shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th.

Tate & Lyle Price Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38. The business has a 50 day simple moving average of $29.50 and a 200-day simple moving average of $30.81.

About Tate & Lyle

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.