Kerry Group (LON:KYGA) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Kerry Group plc (LON:KYGA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 75.38 and traded as low as GBX 67.80. Kerry Group shares last traded at GBX 68.04, with a volume of 162,093 shares traded.

Kerry Group Stock Up 0.9%

The firm has a 50-day moving average price of GBX 71.88 and a two-hundred day moving average price of GBX 75.38. The company has a market capitalization of £110.62 million, a P/E ratio of 0.17, a PEG ratio of 1.71 and a beta of 0.53. The company has a quick ratio of 0.74, a current ratio of 1.68 and a debt-to-equity ratio of 43.57.

Insider Buying and Selling at Kerry Group

In related news, insider Fiona Dawson purchased 756 shares of Kerry Group stock in a transaction on Tuesday, February 17th. The stock was purchased at an average cost of GBX 6,515 per share, with a total value of £49,253.40. Also, insider Liz Hewitt purchased 500 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was bought at an average price of GBX 6,445 per share, for a total transaction of £32,225. 1.19% of the stock is 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.