Genuit Group (LON:GEN) Trading Down 1% – Should You Sell?

Genuit Group plc (LON:GEN)’s share price was down 1% during trading on Wednesday . The stock traded as low as GBX 264 and last traded at GBX 265.80. 9,859,808 shares traded hands during trading, an increase of 85% from the average daily volume of 5,338,870 shares. The stock had previously closed at GBX 268.60.

Analyst Ratings Changes

Several brokerages recently weighed in on GEN. Berenberg Bank reiterated a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a research report on Wednesday, August 12th. Jefferies Financial Group raised their price objective on shares of Genuit Group from GBX 332 to GBX 366 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Genuit Group from GBX 440 to GBX 450 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 439.20.

Genuit Group Stock Performance

The company has a debt-to-equity ratio of 36.63, a quick ratio of 1.07 and a current ratio of 1.46. The firm has a market capitalization of £670.02 million, a PE ratio of 19.84, a price-to-earnings-growth ratio of 3.23 and a beta of 1.44. The firm’s 50 day moving average price is GBX 274.10 and its 200-day moving average price is GBX 275.33.

Genuit Group (LON:GEN) last announced its quarterly earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share for the quarter. Genuit Group had a return on equity of 5.19% and a net margin of 5.60%. On average, research analysts expect that Genuit Group plc will post 27.6836158 EPS for the current year.

Insider Buying and Selling

In other Genuit Group news, insider Bronagh Kennedy acquired 9,050 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of GBX 296 per share, with a total value of £26,788. Insiders own 4.23% of the company’s stock.

Genuit Group Company Profile

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.