Genus (LON:GNS) Shares Cross Above 200-Day Moving Average – Here’s Why
by Scott Moore · The Cerbat GemGenus plc (LON:GNS – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,655.84 and traded as high as GBX 2,720. Genus shares last traded at GBX 2,658, with a volume of 2,204,632 shares trading hands.
Analysts Set New Price Targets
Several research analysts have recently weighed in on GNS shares. Berenberg Bank reiterated a “buy” rating and set a GBX 3,350 price objective on shares of Genus in a report on Wednesday, April 1st. Shore Capital Group reiterated a “buy” rating and set a GBX 3,000 price objective on shares of Genus in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Genus from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a report on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 3,216.67.
Get Our Latest Stock Analysis on Genus
Genus Price Performance
The company’s fifty day moving average is GBX 2,744.93 and its 200 day moving average is GBX 2,657.93. The company has a quick ratio of 1.08, a current ratio of 2.25 and a debt-to-equity ratio of 55.10. The stock has a market cap of £1.75 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94.
Genus (LON:GNS – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 60.80 EPS for the quarter. Genus had a net margin of 7.07% and a return on equity of 9.70%. As a group, sell-side analysts anticipate that Genus plc will post 70.9644323 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Genus news, insider Celia Baxter purchased 1,728 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were purchased at an average price of GBX 2,893 per share, for a total transaction of £49,991.04. Insiders own 0.70% of the company’s stock.
Genus Company Profile
Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.