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

Key Points

• Kerry Group plc shares hit a new 52-week low of GBX 73.80 ($0.98) during mid-day trading on Friday, indicating potential volatility in the stock.
• The stock's market capitalization stands at £123.92 million with a P/E ratio of 17.32, suggesting that the company is moderately valued compared to its earnings.
• Kerry Group operates in two segments: Taste & Nutrition and Dairy Ireland, providing solutions and products for food, beverage, and pharmaceutical markets.

Shares of Kerry Group plc (LON:KYGA - ) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 73.80 ($0.98) and last traded at GBX 76.48 ($1.02), with a volume of 248234 shares changing hands. The stock had previously closed at GBX 78.60 ($1.05).

Kerry Group Price Performance

The stock's fifty day moving average is GBX 81.05 and its 200-day moving average is GBX 89.79. The stock has a market capitalization of £123.92 million, a P/E ratio of 17.32, a PEG ratio of 1.71 and a beta of 0.57. The company has a debt-to-equity ratio of 38.59, a current ratio of 1.54 and a quick ratio of 0.74.

About Kerry Group

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.

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