Kerry Group (LON:KYGA) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Kerry Group plc (LON:KYGA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 93.49 ($1.21) and traded as high as GBX 95.90 ($1.24). Kerry Group shares last traded at GBX 95.75 ($1.24), with a volume of 3,276 shares traded.

Kerry Group Price Performance

The company has a debt-to-equity ratio of 38.59, a quick ratio of 0.74 and a current ratio of 1.54. The stock’s 50-day moving average is GBX 97.29 and its 200 day moving average is GBX 93.49. The stock has a market capitalization of £15.87 billion, a PE ratio of 25.33, a P/E/G ratio of 1.71 and a beta of 0.57.

Kerry Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 10th will be issued a €0.89 ($0.96) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Kerry Group’s previous dividend of $0.38. This represents a dividend yield of 0.95%. Kerry Group’s dividend payout ratio (DPR) is 3,147.52%.

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.