Kerry Group (OTCMKTS:KRYAY) Hits New 12-Month Low – Here’s What Happened

Kerry Group PLC (OTCMKTS:KRYAY) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $78.3664 and last traded at $79.16, with a volume of 15222 shares traded. The stock had previously closed at $79.84.

Analyst Upgrades and Downgrades

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 for the company. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Kerry Group Trading Down 2.3%

The firm has a fifty day moving average price of $86.27 and a 200-day moving average price of $89.21. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42.

Kerry Group Company Profile

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.