Tate & Lyle plc (OTCMKTS:TATYY – Get Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 1,600 shares, an increase of 60.0% from the February 13th total of 1,000 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.4 days.
Tate & Lyle Stock Up 3.7 %
TATYY stock opened at $27.22 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.38 and a quick ratio of 2.46. Tate & Lyle has a 12-month low of $26.25 and a 12-month high of $44.76. The stock’s 50 day simple moving average is $30.48 and its 200 day simple moving average is $34.64.
Wall Street Analyst Weigh In
Separately, Berenberg Bank lowered Tate & Lyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th.
Tate & Lyle Company Profile
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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