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

Genuit Group plc (LON:GEN) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 275.20 and last traded at GBX 278.60, with a volume of 1236081 shares trading hands. The stock had previously closed at GBX 291.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 500 target price on shares of Genuit Group in a research note on Wednesday, March 11th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research note on Wednesday, January 7th. Finally, Jefferies Financial Group reduced their target price on shares of Genuit Group from GBX 394 to GBX 388 and set a “buy” rating on the stock in a research note on Monday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 463.25.

Genuit Group Stock Performance

The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07. The stock’s 50 day simple moving average is GBX 320.46 and its two-hundred day simple moving average is GBX 333.49. The stock has a market cap of £690.36 million, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 3.23 and a beta of 1.60.

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

Insider Buying and Selling

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

About Genuit Group

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.