Kerry Group (LON:KYGA) Shares Cross Above Fifty Day Moving Average of $3,277.76

Shares of Kerry Group PLC (LON:KYGA) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3,277.76 and traded as high as $108.30. Kerry Group shares last traded at $108.10, with a volume of 11,468 shares changing hands.

Separately, Barclays raised their target price on Kerry Group from GBX 105 ($1.37) to GBX 110 ($1.44) and gave the company an “equal weight” rating in a report on Friday, August 9th.

The stock has a fifty day simple moving average of GBX 3,277.81 and a two-hundred day simple moving average of GBX 3,340.16. The stock has a market cap of $188.68 million and a price-to-earnings ratio of 34.23. The company has a debt-to-equity ratio of 57.79, a quick ratio of 0.70 and a current ratio of 1.22.

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 17th will be issued a €0.24 ($0.27) dividend. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend is Thursday, October 17th. Kerry Group’s dividend payout ratio is presently 23.33%.

Kerry Group Company Profile (LON:KYGA)

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers technology based taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods.

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