Kerry Group (LON:KYGA) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Kerry Group's share price fell below its 200 day moving average of GBX 94.66, trading as low as GBX 78.40 before closing at GBX 80.29.
• The company maintains a market capitalization of £13.39 billion with a P/E ratio of 21.36 and a beta of 0.57.
• Kerry Group operates in two segments: Taste & Nutrition and Dairy Ireland, providing various food and nutritional solutions.

Kerry Group plc (LON:KYGA - )'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 94.66 ($1.26) and traded as low as GBX 78.40 ($1.05). Kerry Group shares last traded at GBX 80.29 ($1.07), with a volume of 37,911 shares.

Kerry Group Stock Up 3.0%

The company has a market cap of £13.39 billion, a P/E ratio of 21.36, a P/E/G ratio of 1.71 and a beta of 0.57. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 38.59. The business's 50 day moving average is GBX 92.26 and its 200 day moving average is GBX 94.66.

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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