Kerry Group (LON:KYGA) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Kerry Group plc (LON:KYGA) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 77.78 and traded as low as GBX 75.20. Kerry Group shares last traded at GBX 78.35, with a volume of 187,330 shares traded.

Kerry Group Stock Up 0.7%

The company has a debt-to-equity ratio of 38.59, a current ratio of 1.54 and a quick ratio of 0.74. The stock has a market capitalization of £125.91 million, a P/E ratio of 0.18, a PEG ratio of 1.71 and a beta of 0.57. The stock’s fifty day moving average is GBX 75.39 and its two-hundred day moving average is GBX 77.78.

Insider Activity

In related news, insider Fiona Dawson bought 732 shares of Kerry Group stock in a transaction dated Friday, December 19th. The stock was acquired at an average cost of GBX 6,725 per share, with a total value of £49,227. 1.17% of the stock is owned by company insiders.

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. It operates in Ireland, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.