Kerry Group (LON:KYGA) Stock Passes Above Two Hundred Day Moving Average of $82.08

Kerry Group plc (LON:KYGA)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 82.08 ($1.10) and traded as high as GBX 93.70 ($1.25). Kerry Group shares last traded at GBX 91.35 ($1.22), with a volume of 138,759 shares trading hands.

Kerry Group Trading Down 0.4 %

The stock has a market capitalization of £155.76 million, a PE ratio of 24.36, a price-to-earnings-growth ratio of 1.67 and a beta of 0.57. The firm has a 50-day moving average price of GBX 87.74 and a 200-day moving average price of GBX 82.08. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 38.59.

Kerry Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be paid a dividend of €0.38 ($0.42) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 0.46%. Kerry Group’s payout ratio is 3,173.33%.

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.