Tate & Lyle (LON:BD15) Stock Price Down 7.5% – What’s Next?

Tate & Lyle plc (LON:BD15Get Free Report) shares fell 7.5% during trading on Thursday . The company traded as low as GBX 99 ($1.26) and last traded at GBX 99 ($1.26). 7,500 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 10,576 shares. The stock had previously closed at GBX 107 ($1.36).

Tate & Lyle Stock Performance

The business has a fifty day moving average price of GBX 99 and a two-hundred day moving average price of GBX 99. The firm has a market capitalization of £455.63 million and a PE ratio of 1.69. The company has a current ratio of 3.06, a quick ratio of 0.48 and a debt-to-equity ratio of 41.91.

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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