Genuit Group (LON:GEN) Sets New 12-Month Low - Time to Sell?

Key Points

• Genuit Group shares hit a new 52-week low, trading as low as GBX 275.20 and last at GBX 278.60 (down about 5.6%) and sitting below both the 50-day (GBX 320.46) and 200-day (GBX 333.49) moving averages.
• Despite the decline, four analysts maintain Buy ratings with a consensus price target of GBX 463.25 and individual targets ranging from GBX 388 to GBX 500.
• Insider buying occurred on March 19, with Joe Vorih acquiring 15,000 shares at GBX 281 and Tim Pullen 2,650 shares at GBX 282, and insiders now hold about 4.22% of the company.

Shares of Genuit Group plc (LON:GEN - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as GBX 275.20 and last traded at GBX 278.60, with a volume of 1236081 shares changing hands. The stock had previously closed at GBX 291.

Wall Street Analysts Forecast Growth

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

Genuit Group Trading Down 5.6%

The company has a current ratio of 1.54, a quick ratio of 1.07 and a debt-to-equity ratio of 38.15. The company has a market cap of £690.36 million, a PE ratio of 15.44, a PEG ratio of 3.23 and a beta of 1.60. The stock has a 50 day moving average price of GBX 320.46 and a 200 day moving average price of GBX 333.49.

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 for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. Sell-side analysts predict that Genuit Group plc will post 27.6836158 EPS for the current fiscal year.

Insider Activity

In related news, insider Joe Vorih acquired 15,000 shares of the stock in a transaction on Thursday, March 19th. The stock was purchased at an average price of GBX 281 per share, for a total transaction of £42,150. Also, insider Tim Pullen acquired 2,650 shares of the stock in a transaction on Thursday, March 19th. The stock was bought at an average price of GBX 282 per share, with a total value of £7,473. Company insiders own 4.22% 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.

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