Kerry Group (LON:KYGA) Stock Price Passes Below 200 Day Moving Average - What's Next?

Key Points

• Kerry Group plc's stock price has fallen below its 200-day moving average, trading as low as GBX 78.35 ($1.05) and currently at GBX 78.95 ($1.06).
• The company has a market capitalization of £127.70 million and a PE ratio of 0.18, indicating potential undervaluation.
• Kerry Group operates in two main segments: Taste & Nutrition and Dairy Ireland, providing solutions for various markets including food and pharmaceuticals.

Kerry Group plc (LON:KYGA - ) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 87.34 ($1.17) and traded as low as GBX 78.35 ($1.05). Kerry Group shares last traded at GBX 78.95 ($1.06), with a volume of 45,668 shares traded.

Kerry Group Trading Down 0.7%

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 firm's 50 day simple moving average is GBX 78.01 and its 200-day simple moving average is GBX 87.34. The company has a market capitalization of £127.70 million, a PE ratio of 0.18, 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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