Kerry Group (OTCMKTS:KRYAY) Shares Gap Up – What’s Next?
by Jessica Moore · The Cerbat GemKerry Group PLC (OTCMKTS:KRYAY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $79.03, but opened at $82.50. Kerry Group shares last traded at $80.84, with a volume of 700 shares traded.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group began coverage on Kerry Group in a research report on Friday, January 30th. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on KRYAY
Kerry Group Trading Down 0.3%
The company has a current ratio of 1.68, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average price of $81.59 and a 200 day moving average price of $86.98.
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.