Kerry Group (LON:KYGA) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Key Points

• Kerry Group's share price has fallen below its 200-day moving average, currently trading at GBX 76.15 ($1.02) as of Monday.
• The company recorded a market cap of £123.64 million and a P/E ratio of 17.33, indicating its valuation in the market.
• Kerry Group operates in two main segments: Taste & Nutrition and Dairy Ireland, providing various food and beverage solutions.

Kerry Group plc (LON:KYGA - )'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 88.12 ($1.18) and traded as low as GBX 75.20 ($1.00). Kerry Group shares last traded at GBX 76.15 ($1.02), with a volume of 10,777 shares trading hands.

Kerry Group Stock Performance

The business has a fifty day moving average of GBX 78.38 and a 200 day moving average of GBX 88.12. 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 company has a market cap of £123.64 million, a P/E ratio of 17.33, a P/E/G ratio of 1.71 and a beta of 0.57.

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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