Kerry Group (LON:KYGA) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Kerry Group plc shares fell below their 200-day moving average, trading at GBX 89.93 ($1.21) on Thursday, down from a moving average of GBX 95.09 ($1.28).
• The company holds a market capitalization of £14.80 billion and has a P/E ratio of 23.61, indicating a moderate valuation compared to earnings.
• Kerry Group operates in two segments: Taste & Nutrition and Dairy Ireland, providing solutions for the food, beverage, and pharmaceutical markets.

Kerry Group plc (LON:KYGA - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 95.09 ($1.27) and traded as low as GBX 89.40 ($1.19). Kerry Group shares last traded at GBX 89.93 ($1.20), with a volume of 19,294 shares.

Kerry Group Stock Up 0.7%

The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 38.59. The firm's 50 day simple moving average is GBX 93.89 and its two-hundred day simple moving average is GBX 95.05. The firm has a market cap of £14.92 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 1.71 and a beta of 0.57.

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.