Kerry Group (OTCMKTS:KRYAY) Sets New 52-Week High - What's Next?

Kerry Group plc (OTCMKTS:KRYAY - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $113.38 and last traded at $112.73, with a volume of 3884 shares traded. The stock had previously closed at $111.69.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded shares of Kerry Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th.

Kerry Group Stock Performance

The company's 50-day moving average price is $107.33 and its 200 day moving average price is $102.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.54.

Kerry Group Increases Dividend

The business also recently declared a dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, April 11th were issued a $0.9649 dividend. This is an increase from Kerry Group's previous dividend of $0.41. The ex-dividend date of this dividend was Friday, April 11th.

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.