Kerry Group (LON:KYGA) Stock Crosses Above Fifty Day Moving Average of $3,301.56

Shares of Kerry Group PLC (LON:KYGA) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3,301.56 and traded as high as $108.50. Kerry Group shares last traded at $108.10, with a volume of 24,377 shares trading hands.

Separately, Barclays increased their price objective on shares of Kerry Group from GBX 105 ($1.37) to GBX 110 ($1.44) and gave the company an “equal weight” rating in a research report on Friday, August 9th.

The company has a debt-to-equity ratio of 57.79, a current ratio of 1.22 and a quick ratio of 0.70. The company’s 50-day simple moving average is GBX 3,301.61 and its 200 day simple moving average is GBX 3,293.77. The firm has a market cap of $183.71 million and a P/E ratio of 33.27.

The firm also recently disclosed a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 17th will be given a dividend of €0.24 ($0.27) per share. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.22%. Kerry Group’s dividend payout ratio (DPR) is currently 23.33%.

Kerry Group Company Profile (LON:KYGA)

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers technology based taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods.

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