Kerry Group (OTCMKTS:KRYAY) Shares Cross Above 50 Day Moving Average - Time to Sell?

Kerry Group plc (OTCMKTS:KRYAY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $106.37 and traded as high as $109.81. Kerry Group shares last traded at $109.74, with a volume of 8,449 shares trading hands.

Wall Street Analysts Forecast Growth

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

Kerry Group Trading Down 1.8%

The stock's 50-day moving average price is $106.58 and its 200-day moving average price is $102.21. 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 announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, April 11th were given a dividend of $0.9649 per share. This is a positive change from Kerry Group's previous dividend of $0.41. The ex-dividend date of this dividend was Friday, April 11th.

Kerry Group Company Profile

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.