Genus (LON:GNS) Sets New 1-Year High - Here's Why

Key Points

• Genus plc (LON:GNS) reached a new 52-week high, trading at GBX 2,555 ($34.70) with a trading volume of 26,821 shares.
• Analysts from Deutsche Bank raised their price target for Genus shares to GBX 2,550 ($34.63) and reiterated a "buy" rating.
• The company's market capitalization stands at £1.67 billion with a notably high price-to-earnings ratio of 211.79.

Genus plc (LON:GNS - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 2,555 ($34.65) and last traded at GBX 2,555 ($34.65), with a volume of 26821 shares trading hands. The stock had previously closed at GBX 2,540 ($34.45).

Analyst Ratings Changes

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Genus from GBX 2,250 ($30.51) to GBX 2,550 ($34.58) and gave the company a "buy" rating in a research note on Tuesday, July 15th. Shore Capital reiterated a "buy" rating and set a GBX 2,750 ($37.29) price objective on shares of Genus in a research note on Tuesday, July 15th.

Genus Stock Up 0.8%

The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 53.12. The stock has a market capitalization of £1.70 billion, a P/E ratio of 214.69, a P/E/G ratio of 2.87 and a beta of 0.37. The stock's 50 day simple moving average is GBX 2,249.52 and its 200 day simple moving average is GBX 2,001.10.

Genus Company Profile

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.