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Tate & Lyle (OTCMKTS:TATYY) Share Price Crosses Below 50-Day Moving Average - What's Next?

Tate & Lyle logo with Consumer Staples background

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $29.57 and traded as low as $27.31. Tate & Lyle shares last traded at $27.31, with a volume of 333 shares changing hands.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on Tate & Lyle

Tate & Lyle Stock Up 0.1 %

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 stock has a 50-day moving average of $29.24 and a two-hundred day moving average of $33.83.

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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