Tate & Lyle plc (OTCMKTS:TATYY – Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a decline of 37.5% from the February 28th total of 1,600 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are sold short.
Tate & Lyle Stock Up 1.1 %
Shares of TATYY opened at $27.31 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. The company’s fifty day moving average price is $29.57 and its 200-day moving average price is $34.02. Tate & Lyle has a 1-year low of $26.25 and a 1-year high of $44.76.
Wall Street Analyst Weigh In
Separately, Berenberg Bank downgraded shares of Tate & Lyle from a “strong-buy” rating to a “hold” rating in a 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.
Featured Stories
- Five stocks we like better than Tate & Lyle
- How to Calculate Inflation Rate
- MarketBeat Week in Review – 03/24 – 03/28
- How to Buy Cheap Stocks Step by Step
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- What is the S&P 500 and How It is Distinct from Other Indexes
- 4 Healthcare Stocks With Massive Gains—and More to Come
Receive News & Ratings for Tate & Lyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tate & Lyle and related companies with MarketBeat.com's FREE daily email newsletter.
