Kerry Group (LON:KYGA) Reaches New 52-Week High at $89.70

Shares of Kerry Group plc (LON:KYGA) hit a new 52-week high on Wednesday . The company traded as high as GBX 89.70 ($1.18) and last traded at GBX 89.05 ($1.17), with a volume of 47978 shares changing hands. The stock had previously closed at GBX 88.10 ($1.16).

Kerry Group Price Performance

The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 38.59. The firm’s fifty day simple moving average is GBX 82.24 and its 200-day simple moving average is GBX 80.62. The company has a market cap of £150.37 million, a PE ratio of 23.47, a P/E/G ratio of 1.89 and a beta of 0.55.

Kerry Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 10th will be issued a €0.38 ($0.42) dividend. This represents a yield of 0.46%. The ex-dividend date of this dividend is Thursday, October 10th. Kerry Group’s dividend payout ratio (DPR) is 3,173.33%.

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.