Genus (LON:GNS) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Genus plc (LON:GNS) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,655.02 and traded as low as GBX 2,570. Genus shares last traded at GBX 2,655, with a volume of 2,444,407 shares traded.

Analyst Upgrades and Downgrades

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

Genus Price Performance

The company has a debt-to-equity ratio of 55.10, a quick ratio of 1.08 and a current ratio of 2.25. The stock’s 50-day moving average is GBX 2,871.36 and its 200 day moving average is GBX 2,655.48. The stock has a market capitalization of £1.78 billion, a PE ratio of 92.97, a P/E/G ratio of 2.87 and a beta of 0.85.

Genus (LON:GNS) last announced its quarterly earnings results on Thursday, February 26th. The company reported GBX 60.80 earnings per share for the quarter. Genus had a net margin of 7.07% and a return on equity of 9.70%. As a group, equities analysts expect that Genus plc will post 70.9644323 earnings per share for the current year.

Insider Activity at Genus

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

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.