Genus (LON:GNS) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Genus plc (LON:GNS) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,301.81 and traded as high as GBX 2,440. Genus shares last traded at GBX 2,395, with a volume of 2,657,667 shares.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Genus from GBX 2,550 to GBX 2,900 and gave the stock a “buy” rating in a report on Monday, September 15th. Shore Capital reaffirmed a “buy” rating and issued a GBX 2,900 price target on shares of Genus in a research note on Thursday, September 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 2,900.

Genus Stock Down 0.6%

The stock’s 50 day simple moving average is GBX 2,536.89 and its two-hundred day simple moving average is GBX 2,301.81. The firm has a market cap of £1.58 billion, a P/E ratio of 82.35, a P/E/G 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 issued its quarterly earnings results on Thursday, September 4th. The company reported GBX 81.80 EPS for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. As a group, research analysts forecast that Genus plc will post 70.9644323 earnings per share for the current year.

Insider Activity at Genus

In other news, insider Jorgen Kokke sold 3,450 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of GBX 2,332, for a total transaction of £80,454. Corporate insiders own 0.70% of the company’s stock.

About Genus

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.