Genus (LON:GNS) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Genus plc (LON:GNS)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,415.33 and traded as high as GBX 2,420. Genus shares last traded at GBX 2,320, with a volume of 76,231 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 3,350 price target on shares of Genus in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average 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 stock has a market cap of £1.52 billion, a P/E ratio of 32.25, a price-to-earnings-growth ratio of 2.87 and a beta of 0.90. The business’s 50-day simple moving average is GBX 2,212.11 and its two-hundred day simple moving average is GBX 2,409.87.

Insider Buying and Selling

In other news, insider Celia Baxter purchased 2,336 shares of the stock in a transaction dated Friday, June 26th. The shares were purchased at an average cost of GBX 2,140 per share, with a total value of £49,990.40. Company 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.