Tate & Lyle plc (LON:TATE – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 335.80 and last traded at GBX 337, with a volume of 2892359 shares trading hands. The stock had previously closed at GBX 344.40.
Tate & Lyle Price Performance
The company’s 50 day moving average price is GBX 376.49 and its 200-day moving average price is GBX 394.86. The stock has a market cap of £1.49 billion, a P/E ratio of 60.14, a P/E/G ratio of 1.37 and a beta of 0.29. The company has a quick ratio of 1.77, a current ratio of 2.19 and a debt-to-equity ratio of 83.31.
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. The company offers dairy products, soups, sauces, and dressings; bakery products and snacks; texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; fibres; and stabilizers and functional systems.
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