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

Kerry Group plc (LON:KYGA) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 75.38 and traded as low as GBX 67.80. Kerry Group shares last traded at GBX 68.04, with a volume of 162,093 shares changing hands.

Kerry Group Price Performance

The stock has a 50 day moving average of GBX 71.88 and a two-hundred day moving average of GBX 75.38. The company has a debt-to-equity ratio of 43.57, a quick ratio of 0.74 and a current ratio of 1.68. The firm has a market capitalization of £110.62 million, a P/E ratio of 0.17, a P/E/G ratio of 1.71 and a beta of 0.53.

Insider Activity at Kerry Group

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

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.