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

Kerry Group logo with Consumer Defensive background

Key Points

  • Kerry Group plc has seen its share price drop below its two hundred day moving average of GBX 91.44, trading as low as GBX 79.40.
  • The stock is currently priced at GBX 80.05, having a market capitalization of £130.35 million and a PE ratio of 18.22.
  • Kerry Group operates in the Taste & Nutrition and Dairy Ireland sectors, providing solutions to the food, beverage, and pharmaceutical markets.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Kerry Group plc (LON:KYGA - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 91.44 ($1.24) and traded as low as GBX 79.40 ($1.08). Kerry Group shares last traded at GBX 80.05 ($1.09), with a volume of 45,283 shares traded.

Kerry Group Stock Performance

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 has a 50 day simple moving average of GBX 83.58 and a two-hundred day simple moving average of GBX 91.11. The firm has a market cap of £129.47 million, a PE ratio of 18.10, a price-to-earnings-growth ratio of 1.71 and a beta of 0.57.

Kerry Group Company Profile

(Get Free Report)

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.

See Also

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