Kerry Group (LON:KYGA) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Kerry Group plc (LON:KYGA)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.17 and traded as low as GBX 71.40. Kerry Group shares last traded at GBX 73.37, with a volume of 34,926 shares changing hands.

Kerry Group Price Performance

The company has a market capitalization of £119.31 million, a PE ratio of 0.17, a price-to-earnings-growth ratio of 1.71 and a beta of 0.57. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 38.59. The firm’s 50-day moving average is GBX 74.94 and its 200-day moving average is GBX 77.17.

Insider Activity

In other news, insider Fiona Dawson acquired 756 shares of Kerry Group stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average cost of GBX 6,515 per share, for a total transaction of £49,253.40. Insiders own 1.17% 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.