Genuit Group (LON:GEN) Reaches New 12-Month Low - Here's Why

Key Points

• Genuit Group hit a new 52-week low, trading as low as GBX 241 and last at GBX 245 on heavy volume, with the share price well below its 50-day (GBX 307.08) and 200-day (GBX 328.58) moving averages.
• Analysts remain broadly positive: four Buy/Overweight ratings and a consensus target of GBX 463.25 (individual targets from GBX 388 to GBX 500), implying significant upside from current levels.
• Insiders purchased shares in March (Joe Vorih 15,000 at GBX 281; Tim Pullen 2,650 at GBX 282) and the company shows a PE of 14.65, market cap ~£655m and moderate leverage (debt/equity 38.15%), indicating some management confidence amid the price decline.

Genuit Group plc (LON:GEN - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 241 and last traded at GBX 245, with a volume of 2252962 shares trading hands. The stock had previously closed at GBX 252.80.

Analyst Ratings Changes

GEN has been the subject of several recent research reports. Jefferies Financial Group reduced their price target on Genuit Group from GBX 394 to GBX 388 and set a "buy" rating for the company in a research report on Monday, April 20th. Berenberg Bank reiterated a "buy" rating and issued a GBX 500 price target on shares of Genuit Group in a research report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. restated an "overweight" rating on shares of Genuit Group in a research report on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 463.25.

Genuit Group Stock Performance

The company has a 50-day moving average of GBX 307.08 and a 200 day moving average of GBX 328.58. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 38.15. The firm has a market capitalization of £655.19 million, a PE ratio of 14.65, a PEG ratio of 3.23 and a beta of 1.60.

Genuit Group (LON:GEN - Get Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 26 earnings per share (EPS) for the quarter. Genuit Group had a return on equity of 6.89% and a net margin of 7.51%. Equities research analysts predict that Genuit Group plc will post 27.6836158 EPS for the current year.

Insider Transactions at Genuit Group

In other news, insider Joe Vorih acquired 15,000 shares of the business's stock in a transaction dated Thursday, March 19th. The stock was purchased at an average cost of GBX 281 per share, for a total transaction of £42,150. Also, insider Tim Pullen acquired 2,650 shares of the business's stock in a transaction dated Thursday, March 19th. The stock was purchased at an average price of GBX 282 per share, with a total value of £7,473. 4.22% of the stock is currently owned by corporate insiders.

About Genuit Group

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.

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