Genus (LON:GNS) Trading Down 10.1% – Should You Sell?

Shares of Genus plc (LON:GNS) traded down 10.1% during trading on Thursday . The stock traded as low as GBX 2,810 and last traded at GBX 2,850. 259,157 shares were traded during trading, a decline of 48% from the average session volume of 496,481 shares. The stock had previously closed at GBX 3,170.

Analysts Set New Price Targets

A number of brokerages have weighed in on GNS. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Genus from GBX 3,100 to GBX 3,300 and gave the stock a “buy” rating in a research report on Friday, January 16th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,350 price target on shares of Genus in a report on Thursday, February 5th. Finally, Shore Capital Group reiterated a “buy” rating and set a GBX 3,000 price target on shares of Genus in a research report on Friday, January 16th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 3,216.67.

Genus Price Performance

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 stock has a 50 day moving average price of GBX 2,845.83 and a 200-day moving average price of GBX 2,648.45. The stock has a market capitalization of £1.94 billion, a price-to-earnings ratio of 100.87, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37.

Genus (LON:GNS) last posted its quarterly earnings data on Thursday, February 26th. The company reported GBX 60.80 EPS for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. On average, analysts forecast that Genus plc will post 70.9644323 earnings per share for the current year.

Insider Activity at Genus

In other Genus news, insider Celia Baxter acquired 1,728 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was bought at an average price of GBX 2,893 per share, with a total value of £49,991.04. 0.70% of the stock is owned by company insiders.

About Genus

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. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.