Kerry Group (LON:KYGA) Shares Cross Below 200 Day Moving Average – Time to Sell?

Kerry Group plc (LON:KYGA)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 78.37 and traded as low as GBX 73.90. Kerry Group shares last traded at GBX 74.11, with a volume of 20,766 shares trading hands.

Kerry Group Price Performance

The company has a debt-to-equity ratio of 38.59, a current ratio of 1.54 and a quick ratio of 0.74. The firm has a market capitalization of £119.21 million, a price-to-earnings ratio of 0.17, a PEG ratio of 1.71 and a beta of 0.57. The business’s fifty day simple moving average is GBX 75.79 and its 200 day simple moving average is GBX 78.37.

Insider Activity at Kerry Group

In other news, insider Fiona Dawson bought 732 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average cost of GBX 6,725 per share, with a total value of £49,227. 1.16% of the stock is currently owned by corporate 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.