Genuit Group (LON:GEN) Shares Down 0.7% - Time to Sell?

Key Points

• Genuit's shares fell 0.7% to GBX 300 with mid-day volume of 592,963 (down 62% versus the average), and the stock is trading below both its 50‑day (GBX 328.53) and 200‑day (GBX 336.24) moving averages.
• Analysts maintain a consensus Buy rating (four buys) with a consensus price target of GBX 464.75, implying roughly 55% upside from the current price.
• There were recent insider purchases (Joe Vorih 15,000 shares at GBX 281; Tim Pullen 2,650 shares at GBX 282), and the company has a market cap of £753.7m, a PE of 16.85 and reported GBX 26 EPS for the quarter.

Genuit Group plc (LON:GEN - Get Free Report)'s stock price fell 0.7% during trading on Monday . The stock traded as low as GBX 297.20 and last traded at GBX 300. 592,963 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 1,570,781 shares. The stock had previously closed at GBX 302.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GEN. Berenberg Bank restated a "buy" rating and issued a GBX 500 price objective on shares of Genuit Group in a research note on Wednesday, March 11th. Jefferies Financial Group restated a "buy" rating and issued a GBX 394 price objective 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 research note on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 464.75.

Genuit Group Price Performance

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 firm has a market cap of £753.67 million, a PE ratio of 16.85, a price-to-earnings-growth ratio of 3.23 and a beta of 1.60. The stock has a 50 day simple moving average of GBX 328.53 and a 200-day simple moving average of GBX 336.24.

Genuit Group (LON:GEN - Get Free Report) last issued its quarterly 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%. Equities analysts anticipate that Genuit Group plc will post 27.6836158 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Genuit Group news, insider Joe Vorih purchased 15,000 shares of the business's stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of GBX 281 per share, for a total transaction of £42,150. Also, insider Tim Pullen purchased 2,650 shares of the business's stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of GBX 282 per share, with a total value of £7,473. Corporate 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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