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

Kerry Group plc (LON:KYGA) 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 trading hands.

Kerry Group Trading Up 4.0%

The stock has a market capitalization of £119.31 million, a P/E ratio of 0.17, a price-to-earnings-growth ratio of 1.71 and a beta of 0.57. The stock’s fifty day moving average price is GBX 74.94 and its two-hundred day moving average price is GBX 77.17. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 38.59.

Insider Buying and Selling

In other Kerry Group news, insider Fiona Dawson purchased 756 shares of the stock in a transaction on Tuesday, February 17th. The stock was acquired at an average cost of GBX 6,515 per share, with a total value of £49,253.40. 1.17% of the stock is currently owned by insiders.

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.