Kerry Group (OTCMKTS:KRYAY) Shares Pass Above 50-Day Moving Average – Here’s Why

Shares of Kerry Group plc (OTCMKTS:KRYAY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $96.90 and traded as high as $103.77. Kerry Group shares last traded at $103.47, with a volume of 4,839 shares traded.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Kerry Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 18th.

Kerry Group Stock Performance

The stock has a 50-day moving average price of $96.90 and a two-hundred day moving average price of $97.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.54 and a quick ratio of 0.98.

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.