Kerry Group (LON:KYGA) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Kerry Group plc (LON:KYGA) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 74.99 and traded as low as GBX 68.40. Kerry Group shares last traded at GBX 68.60, with a volume of 126,621 shares.

Kerry Group Stock Performance

The company has a debt-to-equity ratio of 43.57, a current ratio of 1.68 and a quick ratio of 0.74. The company has a 50 day simple moving average of GBX 71.29 and a 200-day simple moving average of GBX 74.99. The stock has a market cap of £108.04 million, a P/E ratio of 0.17, a price-to-earnings-growth ratio of 1.71 and a beta of 0.55.

Insider Transactions at Kerry Group

In related news, insider Liz Hewitt bought 500 shares of the stock in a transaction dated Tuesday, March 24th. The stock was bought at an average price of GBX 6,445 per share, with a total value of £32,225. Also, insider Fiona Dawson bought 756 shares of the stock in a transaction dated Tuesday, February 17th. The stock was bought at an average cost of GBX 6,515 per share, with a total value of £49,253.40. Insiders own 1.19% of the company’s stock.

About Kerry Group

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.