Genus (LON:GNS) Hits New 1-Year Low – Time to Sell?

Genus plc (LON:GNS) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 2,007 and last traded at GBX 2,012, with a volume of 147657 shares. The stock had previously closed at GBX 2,060.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 3,350 price objective on shares of Genus in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Genus has a consensus rating of “Buy” and an average target price of GBX 3,216.67.

Genus Price Performance

The company has a quick ratio of 1.08, a current ratio of 2.25 and a debt-to-equity ratio of 51.73. The company has a market cap of £1.32 billion, a price-to-earnings ratio of 28.09, a PEG ratio of 2.87 and a beta of 0.90. The stock’s 50-day simple moving average is GBX 2,271.15 and its 200 day simple moving average is GBX 2,569.03.

Insider Activity at Genus

In other Genus news, insider Jorgen Kokke sold 3,450 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of GBX 2,267, for a total value of £78,211.50. Also, insider Celia Baxter purchased 2,336 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were purchased at an average price of GBX 2,140 per share, for a total transaction of £49,990.40. Corporate insiders own 0.71% 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.