Kerry Group (OTCMKTS:KRYAY) Hits New 1-Year High – Here’s Why

Kerry Group plc (OTCMKTS:KRYAY) reached a new 52-week high on Tuesday . The company traded as high as $106.09 and last traded at $105.04, with a volume of 6438 shares. The stock had previously closed at $104.68.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Kerry Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 18th.

Kerry Group Stock Performance

The business’s 50 day moving average is $99.11 and its 200-day moving average is $98.97. The company has a quick ratio of 0.98, a current ratio of 1.54 and a debt-to-equity ratio of 0.37.

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.