Kerry Group (OTCMKTS:KRYAY) Sets New 1-Year Low – Should You Sell?

Kerry Group PLC (OTCMKTS:KRYAY)’s stock price hit a new 52-week low on Friday . The company traded as low as $84.4508 and last traded at $85.61, with a volume of 3808 shares. The stock had previously closed at $86.29.

Analysts Set New Price Targets

Separately, UBS Group reissued a “neutral” rating on shares of Kerry Group in a research report on Thursday, September 25th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Kerry Group presently has an average rating of “Moderate Buy”.

Kerry Group Stock Down 0.8%

The business’s fifty day moving average price is $89.14 and its 200 day moving average price is $92.57. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42.

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.