Kerry Group (LON:KYGA) Hits New 1-Year Low – Here’s Why

Shares of Kerry Group plc (LON:KYGA) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 64.35 and last traded at GBX 64.50, with a volume of 35105 shares trading hands. The stock had previously closed at GBX 64.60.

Kerry Group Price 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 fifty day moving average price of GBX 72.44 and a 200 day moving average price of GBX 75.76. The company has a market capitalization of £106.90 million, a P/E ratio of 0.17, a price-to-earnings-growth ratio of 1.71 and a beta of 0.53.

Insider Buying and Selling

In related news, insider Fiona Dawson acquired 756 shares of Kerry Group stock in a transaction that occurred on Tuesday, February 17th. The stock was acquired at an average price of GBX 6,515 per share, for a total transaction of £49,253.40. Also, insider Liz Hewitt acquired 500 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were bought at an average price of GBX 6,445 per share, with a total value of £32,225. 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.