Shares of Tate & Lyle plc (LON:TATE – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 668.35 ($8.67) and traded as high as GBX 754 ($9.78). Tate & Lyle shares last traded at GBX 750 ($9.73), with a volume of 1,153,523 shares traded.
Tate & Lyle Stock Down 0.5 %
The company has a debt-to-equity ratio of 47.62, a current ratio of 3.22 and a quick ratio of 1.77. The company has a market capitalization of £2.85 billion, a price-to-earnings ratio of 1,704.55, a PEG ratio of 1.37 and a beta of 0.50. The firm has a 50-day moving average price of GBX 701.59 and a two-hundred day moving average price of GBX 668.35.
Insider Transactions at Tate & Lyle
In related news, insider David Hearn bought 15,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average price of GBX 655 ($8.49) per share, for a total transaction of £101,525 ($131,662.56). 2.22% of the stock is owned by insiders.
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.
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