Tate & Lyle (LON:BD15) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Tate & Lyle plc (LON:BD15Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99 ($1.29) and traded as high as GBX 99 ($1.29). Tate & Lyle shares last traded at GBX 99 ($1.29), with a volume of 7,500 shares changing hands.

Tate & Lyle Price Performance

The company has a debt-to-equity ratio of 41.91, a current ratio of 3.06 and a quick ratio of 0.48. The stock has a market capitalization of £455.63 million and a P/E ratio of 1.69. The company’s 50-day simple moving average is GBX 99 and its 200-day simple moving average is GBX 99.

About Tate & Lyle

(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.

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