Tate & Lyle (LON:BD15) Share Price Crosses Above Two Hundred Day Moving Average of $99.00

Tate & Lyle plc (LON:BD15Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 99 ($1.26) and traded as high as GBX 99 ($1.26). Tate & Lyle shares last traded at GBX 99 ($1.26), with a volume of 7,500 shares changing hands.

Tate & Lyle Trading Down 7.5 %

The stock has a market capitalization of £455.62 million and a price-to-earnings ratio of 1.69. The company has a debt-to-equity ratio of 41.91, a quick ratio of 0.48 and a current ratio of 3.06. The business has a 50-day moving average of GBX 99 and a 200-day moving average of GBX 99.

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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