Genus (LON:GNS) Stock Price Passes Above 200-Day Moving Average - What's Next?

Genus plc (LON:GNS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,988.91 ($26.96) and traded as high as GBX 2,540 ($34.43). Genus shares last traded at GBX 2,540 ($34.43), with a volume of 127,014 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GNS shares. Shore Capital reaffirmed a "buy" rating and set a GBX 2,750 ($37.27) target price on shares of Genus in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft increased their price objective on Genus from GBX 2,250 ($30.50) to GBX 2,550 ($34.56) and gave the stock a "buy" rating in a report on Tuesday, July 15th.

Genus Stock Up 0.8%

The company has a quick ratio of 1.08, a current ratio of 1.80 and a debt-to-equity ratio of 53.12. The company has a market cap of £1.70 billion, a P/E ratio of 214.69, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37. The company has a fifty day moving average of GBX 2,249.52 and a 200 day moving average of 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.