Tate & Lyle (OTCMKTS:TATYY) Shares Gap Down – Time to Sell?

Tate & Lyle PLC (OTCMKTS:TATYYGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $28.77, but opened at $27.36. Tate & Lyle shares last traded at $27.40, with a volume of 1,786 shares traded.

Tate & Lyle Stock Down 0.4%

The firm’s 50 day simple moving average is $20.19 and its 200-day simple moving average is $20.28. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19.

Tate & Lyle Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Tate & Lyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tate & Lyle and related companies with MarketBeat.com's FREE daily email newsletter.