Tate & Lyle (OTCMKTS:TATYY) Sees Large Volume Increase – Still a Buy?

Tate & Lyle PLC (OTCMKTS:TATYYGet Free Report) shares saw strong trading volume on Friday . 11,833 shares traded hands during mid-day trading, an increase of 457% from the previous session’s volume of 2,126 shares.The stock last traded at $28.80 and had previously closed at $20.4145.

Tate & Lyle Stock Performance

The firm’s fifty day moving average is $19.30 and its 200-day moving average is $20.02. The company has a quick ratio of 1.24, a current ratio of 2.19 and a debt-to-equity ratio of 0.73.

About Tate & Lyle

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Tate & Lyle (OTCMKTS:TATYY) is a global provider of food and beverage ingredients, specializing in sweeteners, texturants and stabilizers. The company develops and supplies a diverse portfolio of products designed to enhance taste, texture and nutritional value for food and beverage manufacturers. Key offerings include high-intensity sweeteners, soluble and insoluble fibers, specialty starches and acidulants.

Operating through two main business units—Food & Beverage Solutions and Primary Products—Tate & Lyle serves a wide range of end markets.

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