Tate & Lyle plc (LON:TATE – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 653.30 ($8.55) and traded as high as GBX 696 ($9.11). Tate & Lyle shares last traded at GBX 690 ($9.03), with a volume of 557,685 shares trading hands.
Tate & Lyle Stock Performance
The company has a debt-to-equity ratio of 47.62, a quick ratio of 1.77 and a current ratio of 3.22. The stock’s 50-day moving average is GBX 667.72 and its 200 day moving average is GBX 653.30. The firm has a market cap of £2.62 billion, a P/E ratio of 1,568.18, a PEG ratio of 1.37 and a beta of 0.50.
Insider Activity at Tate & Lyle
In related news, insider David Hearn bought 15,500 shares of Tate & Lyle stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average cost of GBX 655 ($8.57) per share, with a total value of £101,525 ($132,868.73). In related news, insider David Hearn bought 15,500 shares of Tate & Lyle stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average cost of GBX 655 ($8.57) per share, with a total value of £101,525 ($132,868.73). Also, insider Jeffrey Carr bought 10,000 shares of Tate & Lyle stock in a transaction that occurred on Wednesday, July 17th. The stock was bought at an average cost of GBX 624 ($8.17) per share, with a total value of £62,400 ($81,664.70). 2.22% of the stock is owned by corporate insiders.
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.
Featured Articles
- Five stocks we like better than Tate & Lyle
- What Are the U.K. Market Holidays? How to Invest and Trade
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- The How and Why of Investing in Gold Stocks
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Overbought Stocks Explained: Should You Trade Them?
- 4 Quirky ETFs With Big Potential for Impressive Gains
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.