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Kerry Group (OTCMKTS:KRYAY) Stock Price Passes Above 50-Day Moving Average - Here's Why

Kerry Group logo with Consumer Staples background

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $108.05 and traded as high as $110.93. Kerry Group shares last traded at $110.30, with a volume of 6,889 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on KRYAY

Kerry Group Stock Up 0.8%

The company's 50-day moving average is $108.12 and its 200 day moving average is $103.34. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.39 and a quick ratio of 1.03.

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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