Kerry Group (OTCMKTS:KRYAY) Hits New 1-Year High – Should You Buy?

Kerry Group plc (OTCMKTS:KRYAY)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $108.25 and last traded at $107.45, with a volume of 4607 shares traded. The stock had previously closed at $105.18.

Wall Street Analyst Weigh In

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

Kerry Group Stock Up 2.2 %

The firm’s 50 day simple moving average is $100.04 and its two-hundred day simple moving average is $99.29. 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.