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Kerry Group (OTCMKTS:KRYAY) Sets New 52-Week Low - Here's What Happened

Kerry Group logo with Consumer Staples background

Key Points

  • Shares of Kerry Group PLC hit a new 52-week low of $89.61 on Monday, closing at $89.70 with a trading volume of 8,223 shares.
  • Analysts have mixed ratings on the stock, with Jefferies maintaining a "buy" rating while UBS downgraded it from "strong-buy" to "hold."
  • Kerry Group operates in two segments: Taste & Nutrition and Dairy Ireland, offering solutions for the food, beverage, and pharmaceutical markets.
  • MarketBeat previews top five stocks to own in October.

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $89.61 and last traded at $89.70, with a volume of 8223 shares trading hands. The stock had previously closed at $91.01.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KRYAY shares. UBS Group lowered shares of Kerry Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Jefferies Financial Group reiterated a "buy" rating on shares of Kerry Group in a report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy".

Check Out Our Latest Research Report on Kerry Group

Kerry Group Stock Performance

The company has a current ratio of 1.39, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $95.35 and a 200 day simple moving average of $102.87.

About Kerry Group

(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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