Shares of Genuit Group plc (LON:GEN - Get Free Report) dropped 2% during mid-day trading on Wednesday . The stock traded as low as GBX 384.50 ($5.25) and last traded at GBX 386 ($5.27). Approximately 646,044 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 1,362,583 shares. The stock had previously closed at GBX 394 ($5.38).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 525 ($7.17) target price on shares of Genuit Group in a report on Monday, May 19th.
Read Our Latest Stock Analysis on Genuit Group
Genuit Group Stock Down 0.9%
The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The firm's fifty day simple moving average is GBX 392.86 and its 200 day simple moving average is GBX 375.15. The stock has a market capitalization of £952.44 million, a price-to-earnings ratio of 40.29, a P/E/G ratio of 3.23 and a beta of 1.28.
Genuit Group Company Profile
(
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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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