Tate & Lyle (OTCMKTS:TATYY) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Tate & Lyle plc (OTCMKTS:TATYYGet Free Report) crossed 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 traded.

Wall Street Analyst Weigh In

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

Read Our Latest Report on TATYY

Tate & Lyle Stock Up 1.1 %

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38. The firm has a 50-day moving average price of $29.57 and a two-hundred day moving average price of $34.01.

About Tate & Lyle

(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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