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Genus (LON:GNS) Shares Cross Above 200-Day Moving Average - Should You Sell?

Genus logo with Medical background

Key Points

  • Genus plc shares crossed above their 200-day moving average, trading at GBX 2,600 ($34.76), indicating potential upward momentum in the stock's performance.
  • Analysts maintain a consensus rating of "Buy" with an average target price of GBX 2,900, signifying confidence in the company's growth prospects.
  • Insider trading was noted, with Jorgen Kokke selling 3,450 shares at an average price of GBX 2,332, reflecting ongoing corporate activities within the company.
  • MarketBeat previews top five stocks to own in November.

Shares of Genus plc (LON:GNS - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,230.59 ($29.82) and traded as high as GBX 2,655 ($35.50). Genus shares last traded at GBX 2,600 ($34.76), with a volume of 63,300 shares traded.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on GNS

Genus Trading Up 0.2%

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 firm has a market capitalization of £1.72 billion, a PE ratio of 90.14, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37. The business's 50-day moving average price is GBX 2,569.77 and its 200-day moving average price is GBX 2,230.59.

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

Insider Buying and Selling at Genus

In related 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. 0.70% of the stock is currently owned by corporate insiders.

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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