Tate & Lyle (OTCMKTS:TATYY) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Tate & Lyle plc (OTCMKTS:TATYYGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $29.57 and traded as low as $27.31. Tate & Lyle shares last traded at $27.31, with a volume of 333 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank downgraded Tate & Lyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 19th.

Check Out Our Latest Stock Analysis on TATYY

Tate & Lyle Trading Up 1.1 %

The company has a debt-to-equity ratio of 0.45, a current ratio of 3.38 and a quick ratio of 2.46. The firm’s fifty day moving average price is $29.57 and its 200 day moving average price is $34.02.

Tate & Lyle Company Profile

(Get Free Report)

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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