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Kerry Group (LON:KYGA) Shares Pass Below 200-Day Moving Average - Here's Why

Kerry Group logo with Consumer Defensive background

Key Points

  • Kerry Group plc's share price has dipped below its 200-day moving average, trading as low as GBX 79.50 ($1.08) against a moving average of GBX 93.93 ($1.27).
  • The company has a market cap of £13.25 billion and noteworthy financial ratios, including a PE ratio of 21.15 and a debt-to-equity ratio of 38.59.
  • Kerry Group operates in two main segments: Taste & Nutrition and Dairy Ireland, providing solutions for various markets including food and pharmaceuticals.
  • Want stock alerts on Kerry Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Kerry Group plc (LON:KYGA - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 93.93 ($1.27) and traded as low as GBX 79.50 ($1.07). Kerry Group shares last traded at GBX 79.71 ($1.08), with a volume of 6,637 shares.

Kerry Group Stock Performance

The company has a debt-to-equity ratio of 38.59, a current ratio of 1.54 and a quick ratio of 0.74. The company has a market cap of £13.13 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 1.71 and a beta of 0.57. The business has a fifty day simple moving average of GBX 89.34 and a two-hundred day simple moving average of GBX 93.56.

About Kerry Group

(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.

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