Genuit Group (LON:GEN) Sets New 12-Month Low – Time to Sell?

Genuit Group plc (LON:GEN)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 279 and last traded at GBX 279.50, with a volume of 8145346 shares trading hands. The stock had previously closed at GBX 290.63.

Wall Street Analysts Forecast Growth

GEN has been the topic of several analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 500 target price on shares of Genuit Group in a research note on Tuesday, November 25th. Jefferies Financial Group restated a “buy” rating and issued a GBX 394 price objective on shares of Genuit Group in a report on Wednesday, March 11th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research report on Wednesday, January 7th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 500 target price on shares of Genuit Group in a research note on Wednesday, March 11th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 464.75.

Genuit Group Stock Up 0.2%

The company’s 50 day simple moving average is GBX 338.72 and its 200-day simple moving average is GBX 340.89. The company has a current ratio of 1.54, a quick ratio of 1.07 and a debt-to-equity ratio of 38.15. The firm has a market cap of £731.90 million, a P/E ratio of 15.05, a PEG ratio of 3.23 and a beta of 1.53.

Genuit Group (LON:GEN) last announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 26 EPS for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. Research analysts forecast that Genuit Group plc will post 27.6836158 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Joe Vorih purchased 15,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were purchased at an average cost of GBX 281 per share, with a total value of £42,150. Also, insider Tim Pullen purchased 2,650 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was purchased at an average price of GBX 282 per share, for a total transaction of £7,473. Insiders own 4.22% of the company’s stock.

Genuit Group Company Profile

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.