Kerry Group (OTCMKTS:KRYAY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Kerry Group PLC (OTCMKTS:KRYAYGet Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $91.28 and traded as high as $94.6875. Kerry Group shares last traded at $93.44, with a volume of 7,127 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Kerry Group in a research note on Friday, September 12th. UBS Group restated a “neutral” rating on shares of Kerry Group in a research report on Thursday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Kerry Group in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Read Our Latest Analysis on Kerry Group

Kerry Group Trading Up 1.3%

The firm’s fifty day moving average is $91.28 and its two-hundred day moving average is $99.50. The company has a quick ratio of 0.99, a current ratio of 1.37 and a debt-to-equity ratio of 0.42.

Kerry Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, November 17th. Investors of record on Monday, October 13th will be given a dividend of $0.4656 per share. The ex-dividend date is Friday, October 10th. This represents a dividend yield of 159.0%.

Kerry Group Company Profile

(Get Free Report)

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.

Further Reading

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