Tate & Lyle (LON:BD15) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Tate & Lyle plc (LON:BD15Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 99 ($1.29) and traded as high as GBX 99 ($1.29). Tate & Lyle shares last traded at GBX 99 ($1.29), with a volume of 7,500 shares.

Tate & Lyle Price Performance

The stock has a market capitalization of £455.62 million and a PE ratio of 1.69. The stock’s 50 day moving average is GBX 99 and its two-hundred day moving average is GBX 99. The company has a debt-to-equity ratio of 41.91, a current ratio of 3.06 and a quick ratio of 0.48.

About Tate & Lyle

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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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