Kerry Group (LON:KYGA) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Key Points

• Kerry Group shares fell below its 200‑day moving average (200‑day MA GBX 74.30), trading as low as GBX 67.40 and last at GBX 67.70 on a volume of 7,223 shares.
• Valuation and balance‑sheet snapshot: the company has a market cap of £108.20m, an unusually low P/E of 0.17 and PEG of 1.71, with a current ratio of 1.68, quick ratio of 0.74 and debt‑to‑equity of 43.57.
• Insider buying noted: Fiona Dawson and Liz Hewitt acquired 756 and 500 shares on Feb 17 and Mar 24 (reported average prices GBX 6,515 and GBX 6,445), and insiders own 1.19% of the stock.

Kerry Group plc (LON:KYGA - ) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 74.30 and traded as low as GBX 67.40. Kerry Group shares last traded at GBX 67.70, with a volume of 7,223 shares.

Kerry Group Stock Performance

The stock has a market cap of £108.20 million, a PE ratio of 0.17, a P/E/G ratio of 1.71 and a beta of 0.55. The company has a fifty day moving average price of GBX 69.31 and a 200 day moving average price of GBX 74.30. The company has a quick ratio of 0.74, a current ratio of 1.68 and a debt-to-equity ratio of 43.57.

Insider Activity

In related news, insider Fiona Dawson acquired 756 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average price of GBX 6,515 per share, for a total transaction of £49,253.40. Also, insider Liz Hewitt acquired 500 shares of the firm's stock in a transaction dated Tuesday, March 24th. The stock was bought at an average price of GBX 6,445 per share, for a total transaction of £32,225. 1.19% of the stock is currently owned by insiders.

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. It operates in Ireland, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.