Genus (LON:GNS) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Genus plc (LON:GNS) shares passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 2,274.74 and traded as high as GBX 2,330. Genus shares last traded at GBX 2,224, with a volume of 233,816 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 3,350 price objective on shares of Genus in a research note on Tuesday, October 13th. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 3,216.67.

Genus Price Performance

The firm has a market capitalization of £1.48 billion, a PE ratio of 5.27, a price-to-earnings-growth ratio of 2.87 and a beta of 0.91. The company has a debt-to-equity ratio of 14.02, a quick ratio of 1.08 and a current ratio of 2.22. The business’s 50 day moving average is GBX 2,228.83 and its two-hundred day moving average is GBX 2,270.93.

Genus (LON:GNS) last issued its earnings results on Thursday, September 10th. The company reported GBX 110.30 earnings per share (EPS) for the quarter. Genus had a net margin of 43.35% and a return on equity of 44.90%. Equities research analysts anticipate that Genus plc will post 70.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Genus

In related news, insider Jorgen Kokke sold 50,236 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of GBX 2,151, for a total transaction of £1,080,576.36. Company insiders own 0.71% of the company’s stock.

Genus Company Profile

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.