Genuit Group (LON:PLP) Shares Cross Above 50 Day Moving Average of $567.00

Genuit Group plc (LON:PLPGet Rating)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 567 ($6.91) and traded as high as GBX 582 ($7.09). Genuit Group shares last traded at GBX 567 ($6.91), with a volume of 261,641 shares trading hands.

Genuit Group Price Performance

The stock has a 50 day moving average price of GBX 567 and a 200-day moving average price of GBX 567. The stock has a market capitalization of £1.40 billion and a P/E ratio of 67.50. The company has a debt-to-equity ratio of 14.33, a current ratio of 1.33 and a quick ratio of 0.89.

Genuit Group Company Profile

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Polypipe Group plc manufactures and sells plastic piping, and water and climate management systems in the United Kingdom, other European countries, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage, and rainwater drainage systems; plumbing tools and accessories, plastic plumbing fittings, and plumbing and heating pipes; underfloor heating products; and ventilation systems.

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