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Kerry Group (OTCMKTS:KRYAY) Sees Unusually-High Trading Volume - Should You Buy?

Kerry Group logo with Consumer Staples background

Key Points

  • Kerry Group shares experienced a significant trading volume increase of 520% on Thursday, reaching 69,581 shares traded compared to 11,223 shares the previous session.
  • UBS Group has downgraded Kerry Group from a "strong-buy" rating to a "hold" rating as of May 27th.
  • The stock last traded at $93.36, showing a slight increase of 0.6% from its previous close of $93.17.
  • MarketBeat previews the top five stocks to own by October 1st.

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report) saw an uptick in trading volume on Thursday . 69,581 shares changed hands during trading, an increase of 520% from the previous session's volume of 11,223 shares.The stock last traded at $93.36 and had previously closed at $93.17.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on Kerry Group

Kerry Group Trading Down 1.0%

The business has a 50 day moving average of $105.91 and a 200-day moving average of $105.29. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.39.

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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