Genus (LON:GNS) Sets New 52-Week High – Here’s What Happened

Genus plc (LON:GNS)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 2,160 ($28.75) and last traded at GBX 2,150 ($28.61), with a volume of 25118 shares changing hands. The stock had previously closed at GBX 2,110 ($28.08).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Genus in a research note on Wednesday, April 30th.

Genus Stock Performance

The firm’s fifty day simple moving average is GBX 1,828.45 and its 200 day simple moving average is GBX 1,774.14. The company has a market capitalization of £1.36 billion, a price-to-earnings ratio of 171.58, a PEG ratio of 2.87 and a beta of 0.37. The company has a debt-to-equity ratio of 53.12, a current ratio of 1.80 and a quick ratio of 1.08.

Genus (LON:GNS) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 39.80 ($0.53) earnings per share (EPS) for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. On average, sell-side analysts forecast that Genus plc will post 70.9644323 EPS for the current year.

Insider Activity

In related news, insider Jorgen Kokke sold 19,967 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of GBX 1,731 ($23.04), for a total transaction of £345,628.77 ($459,979.73). 0.75% of the stock is owned by company insiders.

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.