Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) shares dropped 5% on Tuesday . The company traded as low as $85.48 and last traded at $86.80. Approximately 630 shares were traded during trading, a decline of 57% from the average daily volume of 1,459 shares. The stock had previously closed at $91.4150.
Kerry Group Stock Down 5.0%
The business’s 50 day moving average price is $89.73 and its 200-day moving average price is $94.82.
About Kerry Group
Kerry Group is a global food ingredients and flavors company that develops, manufactures and supplies taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company operates through two main divisions: Taste & Nutrition, which provides flavors, specialty ingredients and integrated systems to food and drink manufacturers, and Consumer Foods, which offers branded cheese, meats and convenience foods in selected markets. Its product portfolio spans savory and sweet taste systems, dairy and plant-based ingredients, culinary seasonings, bakery and beverage solutions.
Since its founding in 1972 by a group of dairy farmers in County Kerry, Ireland, Kerry Group has grown into one of the world’s leading providers of food ingredients.
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