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Kerry Group (OTCMKTS:KRYAY) Shares Gap Down - Here's Why

Kerry Group logo with Consumer Staples background

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $108.79, but opened at $106.58. Kerry Group shares last traded at $106.58, with a volume of 402 shares traded.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Kerry Group

Kerry Group Stock Performance

The business has a 50-day simple moving average of $109.12 and a two-hundred day simple moving average of $104.57. The company has a current ratio of 1.39, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38.

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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