Kerry Group (LON:KYGA) Hits New 52-Week Low - Here's What Happened

Key Points

• Shares hit a new 52-week low: Kerry Group traded as low as GBX 64.35 (last GBX 64.50) and was down about 0.2%, trading below its 50-day (GBX 72.79) and 200-day (GBX 75.92) moving averages.
• Valuation and balance-sheet metrics show a market cap of £103.41M, a very low P/E of 0.16, a PEG of 1.71, moderate leverage (debt-to-equity 41.77) and liquidity ratios of quick 0.74 and current 1.68.
• Insiders bought stock recently: Fiona Dawson purchased 756 shares at GBX 6,515 and Liz Hewitt bought 500 shares at GBX 6,445, and insiders own about 1.19% of the company.

Shares of Kerry Group plc (LON:KYGA - ) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 64.35 and last traded at GBX 64.50, with a volume of 35105 shares changing hands. The stock had previously closed at GBX 64.60.

Kerry Group Stock Down 0.2%

The company has a quick ratio of 0.74, a current ratio of 1.68 and a debt-to-equity ratio of 41.77. The stock's 50-day simple moving average is GBX 72.79 and its 200 day simple moving average is GBX 75.92. The firm has a market cap of £103.41 million, a P/E ratio of 0.16, a PEG ratio of 1.71 and a beta of 0.53.

Insider Transactions at Kerry Group

In related news, insider Fiona Dawson acquired 756 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average price of GBX 6,515 per share, for a total transaction of £49,253.40. Also, insider Liz Hewitt acquired 500 shares of the business's stock in a transaction dated Tuesday, March 24th. The shares were bought at an average cost of GBX 6,445 per share, for a total transaction of £32,225. 1.19% of the stock is owned by insiders.

Kerry Group Company Profile

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases. It operates in Ireland, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

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