Tate & Lyle (OTCMKTS:TATYY) Sets New 12-Month Low – What’s Next?

Tate & Lyle plc (OTCMKTS:TATYYGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as $26.64 and last traded at $26.64, with a volume of 2686 shares traded. The stock had previously closed at $27.00.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut shares of Tate & Lyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th.

Get Our Latest Analysis on TATYY

Tate & Lyle Stock Performance

The company has a quick ratio of 2.46, a current ratio of 3.38 and a debt-to-equity ratio of 0.45. The stock has a fifty day moving average price of $30.72 and a two-hundred day moving average price of $34.75.

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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