Kerry Group PLC (OTCMKTS:KRYAY – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 10,391 shares, a drop of 74.0% from the April 15th total of 39,901 shares. Based on an average daily trading volume, of 26,958 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.
Kerry Group Price Performance
Shares of OTCMKTS:KRYAY traded down $0.51 during mid-day trading on Friday, reaching $84.38. 39,798 shares of the company’s stock were exchanged, compared to its average volume of 38,249. The business’s fifty day moving average price is $80.07 and its 200-day moving average price is $86.16. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.68 and a quick ratio of 1.10. Kerry Group has a twelve month low of $74.48 and a twelve month high of $113.38.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group began coverage on shares of Kerry Group in a research report on Friday, January 30th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Kerry Group has a consensus rating of “Moderate Buy”.
About Kerry Group
Kerry Group (OTCMKTS:KRYAY) is a global leader in taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company develops, manufactures and supplies a broad portfolio of ingredients, flavors and integrated solutions designed to enhance taste, improve health and simplify production processes. Kerry’s offerings span across dairy-based ingredients, flavors, texturizers, enzymes, probiotics and nutritional premixes, serving both industrial customers and consumer food brands.
Through its Taste & Nutrition division, Kerry provides customized flavor systems, savory and sweet taste platforms, and nutritional ingredients for applications such as snacks, bakery, dairy, beverages and meat alternatives.
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