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Tate & Lyle (OTCMKTS:TATYY) Sets New 1-Year Low - Time to Sell?

Tate & Lyle logo with Consumer Staples background
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Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $26.64 and last traded at $26.64, with a volume of 2686 shares trading hands. The stock had previously closed at $27.00.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on TATYY

Tate & Lyle Stock Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 3.38 and a quick ratio of 2.46. The business has a 50 day moving average price of $30.72 and a 200-day moving average price of $34.75.

Tate & Lyle Company Profile

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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