Genuit Group (LON:GEN) Trading Down 1.5% - Time to Sell?

Key Points

• Genuit Group shares fell 1.5% to GBX 359 ($4.82) during trading, with a significant drop in trading volume of 79% compared to average levels.
• Several brokerages have recently upgraded Genuit Group's ratings, with price targets ranging from GBX 490 to GBX 525.
• The company, which is the UK’s largest provider of sustainable water and climate solutions, reported earnings per share of GBX 11.60 for the last quarter.

Genuit Group plc (LON:GEN - Get Free Report)'s share price dropped 1.5% during mid-day trading on Thursday . The company traded as low as GBX 356.50 ($4.81) and last traded at GBX 359 ($4.85). Approximately 256,450 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,238,344 shares. The stock had previously closed at GBX 364.50 ($4.92).

Analyst Upgrades and Downgrades

GEN has been the subject of a number of recent research reports. Royal Bank Of Canada upgraded shares of Genuit Group to an "outperform" rating and set a GBX 505 price target for the company in a research note on Wednesday, August 13th. Berenberg Bank reiterated a "buy" rating and issued a GBX 525 price target on shares of Genuit Group in a research note on Tuesday, August 12th. Finally, JPMorgan Chase & Co. upgraded shares of Genuit Group to an "overweight" rating and lifted their price target for the stock from GBX 450 to GBX 490 in a research note on Wednesday, July 9th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Genuit Group currently has an average rating of "Buy" and an average price target of GBX 506.67.

Genuit Group Stock Down 1.3%

The firm has a market cap of £868.11 million, a PE ratio of 36.72, a P/E/G ratio of 3.23 and a beta of 1.28. 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 50-day moving average price is GBX 383.11 and its two-hundred day moving average price is GBX 376.91.

Genuit Group (LON:GEN - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported GBX 11.60 earnings per share for the quarter. Genuit Group had a net margin of 4.26% and a return on equity of 3.74%. As a group, equities research analysts expect that Genuit Group plc will post 27.6836158 EPS for the current fiscal year.

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.