Tate & Lyle (LON:BD15) Share Price Passes Above 200-Day Moving Average – What’s Next?

Tate & Lyle plc (LON:BD15Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 99 ($1.32) and traded as high as GBX 99 ($1.32). Tate & Lyle shares last traded at GBX 99 ($1.32), with a volume of 7,500 shares trading hands.

Tate & Lyle Price Performance

The firm has a market capitalization of £455.62 million and a P/E ratio of 1.69. The stock’s fifty day simple moving average is GBX 99 and its 200 day simple moving average is GBX 99. The company has a debt-to-equity ratio of 41.91, a current ratio of 3.06 and a quick ratio of 0.48.

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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