Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $28.45 and last traded at $28.51, with a volume of 3700 shares. The stock had previously closed at $29.62.
Analysts Set New Price Targets
Separately, Berenberg Bank lowered shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday.
Read Our Latest Stock Report on TATYY
Tate & Lyle Price Performance
The company's 50 day moving average price is $32.24 and its 200-day moving average price is $35.25. The company has a quick ratio of 2.46, a current ratio of 3.38 and a debt-to-equity ratio of 0.45.
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.
Further Reading
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