Tate & Lyle (OTCMKTS:TATYY) Reaches New 12-Month Low - Here's Why
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Tate & Lyle (OTCMKTS:TATYY) shares have reached a new 52-week low of $19.53, closing at $19.6357. Barclays downgraded the stock from "strong-buy" to "hold," while Morgan Stanley assigned an "underweight" rating. Currently, the consensus rating is "Hold" with one strong buy, three holds, and one sell. The company's financial ratios include a debt-to-equity ratio of 0.72 and a current ratio of 2.16. Analysts suggest considering other stocks as better investment options.
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