Kerry Group plc (OTCMKTS:KRYAY - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 4,000 shares, a decrease of 75.6% from the May 15th total of 16,400 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company's stock are short sold.
Kerry Group Stock Up 0.9%
KRYAY traded up $1.04 on Thursday, hitting $112.73. The company had a trading volume of 3,884 shares, compared to its average volume of 8,136. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.54 and a quick ratio of 0.98. The stock has a fifty day moving average price of $106.88 and a 200-day moving average price of $102.46. Kerry Group has a 12-month low of $79.21 and a 12-month high of $113.38.
Kerry Group Increases Dividend
The company also recently declared a dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, April 11th were issued a $0.9649 dividend. This is a boost from Kerry Group's previous dividend of $0.41. The ex-dividend date of this dividend was Friday, April 11th.
Wall Street Analysts Forecast Growth
Separately, UBS Group downgraded Kerry Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th.
Check Out Our Latest Report on Kerry Group
Kerry Group Company Profile
(
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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.
See Also
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