Tate & Lyle plc (LON:TATE – Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 335.80 and last traded at GBX 337, with a volume of 2892359 shares traded. The stock had previously closed at GBX 344.40.
Tate & Lyle Price Performance
The business has a 50-day simple moving average of GBX 376.49 and a 200 day simple moving average of GBX 394.86. The stock has a market cap of £1.49 billion, a P/E ratio of 60.14, a price-to-earnings-growth ratio of 1.37 and a beta of 0.29. The company has a current ratio of 2.19, a quick ratio of 1.77 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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