Genuit Group (LON:GEN) Stock Price Down 6.8% – Should You Sell?

Shares of Genuit Group plc (LON:GEN) dropped 6.8% on Tuesday . The company traded as low as GBX 242.60 and last traded at GBX 243.20. Approximately 1,559,543 shares changed hands during trading, a decline of 70% from the average daily volume of 5,203,843 shares. The stock had previously closed at GBX 261.

Analyst Ratings Changes

GEN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reduced their target price on Genuit Group from GBX 545 to GBX 440 and set a “buy” rating for the company in a report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their target price on Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 332 target price on shares of Genuit Group in a report on Tuesday, May 26th. Finally, Berenberg Bank reduced their target price on Genuit Group from GBX 500 to GBX 440 and set a “buy” rating for the company in a report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 430.40.

Genuit Group Stock Down 6.8%

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 company has a market cap of £612.17 million, a PE ratio of 13.66, a price-to-earnings-growth ratio of 3.23 and a beta of 1.49. The company has a fifty day moving average price of GBX 276.58 and a 200 day moving average price of GBX 313.66.

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

Insider Buying and Selling

In other news, insider Britta Giesen bought 6,300 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of GBX 260 per share, for a total transaction of £16,380. Also, insider Joe Vorih bought 15,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average price of GBX 281 per share, with a total value of £42,150. Insiders bought 27,950 shares of company stock worth $7,636,300 in the last quarter. 4.22% of the stock is owned by insiders.

Genuit Group Company Profile

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.