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

Kerry Group logo with Consumer Staples background

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

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on KRYAY

Kerry Group Stock Down 0.8%

The company has a current ratio of 1.54, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average price of $107.33 and a 200 day moving average price of $102.72.

Kerry Group Increases Dividend

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

Kerry Group Company Profile

(Get Free Report)

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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