Genus (LON:GNS) Shares Cross Above 200-Day Moving Average – What’s Next?

Genus plc (LON:GNS)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,656.19 and traded as high as GBX 2,710. Genus shares last traded at GBX 2,690, with a volume of 57,489 shares traded.

Analysts Set New Price Targets

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

Genus Trading Down 2.8%

The business’s 50-day simple moving average is GBX 2,880.86 and its two-hundred day simple moving average is GBX 2,656.18. The firm has a market capitalization of £1.72 billion, a price-to-earnings ratio of 89.62, a PEG ratio of 2.87 and a beta of 0.85. The company has a quick ratio of 1.08, a current ratio of 2.25 and a debt-to-equity ratio of 55.10.

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

Insider Activity at Genus

In other news, insider Celia Baxter acquired 1,728 shares of the company’s 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. 0.70% of the stock is currently owned by corporate insiders.

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.