Genuit Group (LON:GEN) Reaches New 52-Week Low - Here's Why

Key Points

• 52-week low: Genuit Group fell to GBX 279 on Monday (down about 3.8%) with roughly 8.15 million shares traded, marking a new 52-week low.
• Analysts remain bullish: Four analysts rate the stock Buy/Outperform/Overweight and the consensus price target is GBX 464.75, well above the current share price.
• Insider buying and fundamentals: Insiders Tim Pullen and Joe Vorih bought shares on March 19 (totaling 17,650 shares), insiders own 4.22% of the company, which has a market cap of ~£700.6m and a PE of 14.41.

Genuit Group plc (LON:GEN - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 279 and last traded at GBX 279.50, with a volume of 8145346 shares trading hands. The stock had previously closed at GBX 290.63.

Analysts Set New Price Targets

A number of research firms recently commented on GEN. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 500 price objective on shares of Genuit Group in a report on Tuesday, November 25th. Berenberg Bank reiterated a "buy" rating and set a GBX 500 price target on shares of Genuit Group in a research report on Wednesday, March 11th. Jefferies Financial Group reissued a "buy" rating and set a GBX 394 price target on shares of Genuit Group in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. restated an "overweight" rating on shares of Genuit Group in a report on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 464.75.

Genuit Group Stock Down 3.8%

The firm has a market capitalization of £700.57 million, a PE ratio of 14.41, a price-to-earnings-growth ratio of 3.23 and a beta of 1.53. The firm's 50-day moving average is GBX 339.99 and its 200 day moving average is GBX 341.59. The company has a debt-to-equity ratio of 38.15, a quick ratio of 1.07 and a current ratio of 1.54.

Genuit Group (LON:GEN - Get Free Report) last posted its earnings results 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%. As a group, research analysts forecast that Genuit Group plc will post 27.6836158 earnings per share for the current fiscal year.

Insider Activity

In other Genuit Group news, insider Tim Pullen acquired 2,650 shares of the stock in a transaction dated Thursday, March 19th. The stock was acquired at an average price of GBX 282 per share, with a total value of £7,473. Also, insider Joe Vorih bought 15,000 shares of the company's stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average price of GBX 281 per share, with a total value of £42,150. Insiders own 4.22% of the company's stock.

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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