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.
Tate & Lyle Stock Performance
The stock has a market cap of £2.88 billion, a P/E ratio of 1,704.55, a P/E/G ratio of 1.37 and a beta of 0.50. The firm has a 50 day moving average of GBX 701.59 and a two-hundred day moving average of GBX 668.35. The company has a debt-to-equity ratio of 47.62, a quick ratio of 1.77 and a current ratio of 3.22.
Insider Activity
In related news, insider David Hearn bought 15,500 shares of Tate & Lyle stock in a transaction that occurred on Wednesday, August 21st. The stock was 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 company insiders.
Tate & Lyle Company Profile
(
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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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