Kerry Group (LON:KYGA) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Kerry Group plc's share price has fallen below its 200-day moving average for the first time, indicating potential bearish sentiment.
• The current share price is GBX 81.03 ($1.10), significantly lower than the 200-day moving average of GBX 93.15 ($1.26).
• The company's market capitalization stands at £13.43 billion, with a debt-to-equity ratio of 38.59, reflecting its financial health.

Kerry Group plc (LON:KYGA - )'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 93.15 ($1.26) and traded as low as GBX 78.60 ($1.06). Kerry Group shares last traded at GBX 81.03 ($1.10), with a volume of 62,013 shares.

Kerry Group Price 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 stock's fifty day moving average price is GBX 88.04 and its 200-day moving average price is GBX 93.15. The firm has a market cap of £13.43 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 1.71 and a beta of 0.57.

Kerry Group Company Profile

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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