Short Interest in Kerry Group PLC (OTCMKTS:KRYAY) Decreases By 53.1%

Kerry Group PLC (OTCMKTS:KRYAY) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,827 shares, a decline of 53.1% from the January 29th total of 3,892 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 20,022 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 20,022 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Kerry Group Trading Up 0.9%

Shares of KRYAY traded up $0.75 during mid-day trading on Friday, reaching $88.30. The company’s stock had a trading volume of 822 shares, compared to its average volume of 16,458. The business has a fifty day moving average of $88.42 and a 200 day moving average of $90.30. Kerry Group has a 1 year low of $83.06 and a 1 year high of $113.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.37 and a quick ratio of 0.99.

Analysts Set New Price Targets

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

About Kerry Group

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.