Kerry Group (OTCMKTS:KRYAY) Sees Strong Trading Volume – Here’s What Happened

Kerry Group PLC (OTCMKTS:KRYAY) shares saw an uptick in trading volume on Tuesday . 17,335 shares changed hands during trading, an increase of 10% from the previous session’s volume of 15,697 shares.The stock last traded at $88.20 and had previously closed at $92.64.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group began coverage on Kerry Group in a report on Friday, January 30th. They issued a “buy” rating for the company. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Kerry Group Trading Up 4.2%

The firm’s fifty day simple moving average is $88.74 and its 200-day simple moving average is $90.57. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.37 and a quick ratio of 0.99.

Kerry Group Company Profile

Kerry Group (OTCMKTS:KRYAY) is a global leader in taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company develops, manufactures and supplies a broad portfolio of ingredients, flavors and integrated solutions designed to enhance taste, improve health and simplify production processes. Kerry’s offerings span across dairy-based ingredients, flavors, texturizers, enzymes, probiotics and nutritional premixes, serving both industrial customers and consumer food brands.

Through its Taste & Nutrition division, Kerry provides customized flavor systems, savory and sweet taste platforms, and nutritional ingredients for applications such as snacks, bakery, dairy, beverages and meat alternatives.