Kerry Group (LON:KYGA) Reaches New 1-Year High at $95.20

Kerry Group plc (LON:KYGA) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 95.20 ($1.27) and last traded at GBX 92.70 ($1.24), with a volume of 13162 shares. The stock had previously closed at GBX 88.50 ($1.18).

Kerry Group Trading Up 4.7 %

The business’s 50-day simple moving average is GBX 88.27 and its two-hundred day simple moving average is GBX 82.23. 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 stock has a market capitalization of £157.94 million, a price-to-earnings ratio of 24.65, a PEG ratio of 1.70 and a beta of 0.57.

Kerry Group Cuts Dividend

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

About Kerry Group

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.