Shares of Tate & Lyle plc (LON:TATE – Get Free Report) crossed 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.
Tate & Lyle Stock Performance
The stock has a market capitalization of £2.91 billion, a PE ratio of 1,744.32, a PEG ratio of 1.37 and a beta of 0.50. The business’s 50 day moving average is GBX 689.08 and its 200 day moving average is GBX 663. The company has a current ratio of 3.22, a quick ratio of 1.77 and a debt-to-equity ratio of 47.62.
Insider Buying and Selling at Tate & Lyle
In other Tate & Lyle news, insider David Hearn acquired 15,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was bought 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.
Tate & Lyle Company Profile
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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