Tate & Lyle (OTCMKTS:TATYY) Shares Gap Up – Here’s What Happened

Tate & Lyle PLC (OTCMKTS:TATYY) gapped up before the market opened on Friday . The stock had previously closed at $19.0665, but opened at $20.44. Tate & Lyle shares last traded at $20.44, with a volume of 202 shares changing hands.

Tate & Lyle Stock Up 1.1%

The company has a fifty day moving average price of $19.14 and a 200 day moving average price of $19.96. The company has a current ratio of 2.19, a quick ratio of 1.24 and a debt-to-equity ratio of 0.73.

Tate & Lyle Company Profile

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.