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Genus (LON:GNS) Share Price Passes Above 200-Day Moving Average - Here's Why

Genus logo with Medical background

Key Points

  • Genus plc shares traded above their two-hundred day moving average, reaching a high of GBX 2,550 ($34.38) during trading.
  • Analysts from Shore Capital and Deutsche Bank issued a "buy" rating with a price target of GBX 2,900, reflecting optimistic sentiment towards the stock.
  • Insider Jorgen Kokke sold 3,450 shares at an average price of GBX 2,332, indicating insider activity around the stock.
  • Interested in Genus? Here are five stocks we like better.

Genus plc (LON:GNS - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,169.65 ($29.25) and traded as high as GBX 2,550 ($34.38). Genus shares last traded at GBX 2,530 ($34.11), with a volume of 139,621 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Shore Capital reiterated a "buy" rating and issued a GBX 2,900 price target on shares of Genus in a report on Thursday, September 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Genus from GBX 2,550 to GBX 2,900 and gave the company a "buy" rating in a report on Monday, September 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Genus currently has an average rating of "Buy" and a consensus target price of GBX 2,900.

Read Our Latest Stock Analysis on Genus

Genus Stock Performance

The business has a fifty day simple moving average of GBX 2,543.20 and a two-hundred day simple moving average of GBX 2,169.65. The company has a debt-to-equity ratio of 53.12, a current ratio of 1.80 and a quick ratio of 1.08. The company has a market cap of £1.66 billion, a PE ratio of -40,806.45, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37.

Genus (LON:GNS - Get Free Report) last posted its earnings results on Thursday, September 4th. The company reported GBX 81.80 earnings per share for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. Research analysts anticipate that Genus plc will post 70.9644323 earnings per share for the current year.

Insider Activity at Genus

In other news, insider Jorgen Kokke sold 3,450 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of GBX 2,332, for a total transaction of £80,454. Corporate insiders own 0.59% of the company's stock.

Genus Company Profile

(Get Free Report)

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.

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