Tate & Lyle (LON:BD15) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Tate & Lyle plc (LON:BD15Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 99 ($1.25) and traded as high as GBX 99 ($1.25). Tate & Lyle shares last traded at GBX 99 ($1.25), with a volume of 7,500 shares changing hands.

Tate & Lyle Trading Down 7.5 %

The firm has a market capitalization of £455.62 million and a P/E ratio of 1.69. The company has a current ratio of 3.06, a quick ratio of 0.48 and a debt-to-equity ratio of 41.91. The stock has a 50-day simple moving average of GBX 99 and a two-hundred day simple 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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