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

Key Points

• Kerry Group plc's stock price fell below its 200-day moving average of GBX 89, reaching a low of GBX 74.80 during trading on Friday.
• The company has a market capitalization of £123.68 million, with a P/E ratio of 17.29 and a beta of 0.57.
• Kerry Group operates primarily in two segments: Taste & Nutrition, and Dairy Ireland, providing solutions for the food, beverage, and pharmaceutical markets.

Kerry Group plc (LON:KYGA - )'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 89 ($1.20) and traded as low as GBX 74.80 ($1.01). Kerry Group shares last traded at GBX 75.95 ($1.02), with a volume of 8,936 shares traded.

Kerry Group Stock Up 1.0%

The stock's 50-day moving average price is GBX 79.38 and its two-hundred day moving average price is GBX 89. The stock has a market capitalization of £123.68 million, a PE ratio of 17.29, a P/E/G ratio of 1.71 and a beta of 0.57. The company has a debt-to-equity ratio of 38.59, a quick ratio of 0.74 and a current ratio of 1.54.

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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