Shares of Tate & Lyle plc (LON:TATE - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 663 ($8.61) and traded as high as GBX 775.50 ($10.07). Tate & Lyle shares last traded at GBX 767.50 ($9.96), with a volume of 1,632,332 shares changing hands.
Tate & Lyle Price Performance
The firm has a 50-day simple moving average of GBX 691.32 and a 200-day simple moving average of GBX 663.71. The firm has a market capitalization of £2.89 billion, a PE ratio of 1,729.55, a PEG ratio of 1.37 and a beta of 0.50. The company has a debt-to-equity ratio of 47.62, a current ratio of 3.22 and a quick ratio of 1.77.
Insider Transactions at Tate & Lyle
In other Tate & Lyle news, insider David Hearn purchased 15,500 shares of the company's stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average price of GBX 655 ($8.50) per share, for a total transaction of £101,525 ($131,816.41). Company insiders own 2.22% of the company's stock.
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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