Tate & Lyle plc (LON:TATE – Get Free Report) shares passed 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 traded.
Tate & Lyle Stock Down 0.8 %
The company has a current ratio of 3.22, a quick ratio of 1.77 and a debt-to-equity ratio of 47.62. The company’s 50 day moving average price is GBX 689.08 and its two-hundred day moving average price is GBX 663. The firm has a market cap of £2.91 billion, a PE ratio of 1,744.32, a PEG ratio of 1.37 and a beta of 0.50.
Insider Activity
In other Tate & Lyle news, insider David Hearn acquired 15,500 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average price of GBX 655 ($8.50) per share, with a total value of £101,525 ($131,816.41). Insiders own 2.22% of the company’s stock.
About Tate & Lyle
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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