Genuit Group (LON:GEN) Trading Down 0.4% – Here’s What Happened

Genuit Group plc (LON:GEN) fell 0.4% on Wednesday . The stock traded as low as GBX 373.50 and last traded at GBX 373.50. 464,565 shares changed hands during trading, a decline of 73% from the average session volume of 1,704,074 shares. The stock had previously closed at GBX 375.

Analysts Set New Price Targets

A number of brokerages have commented on GEN. Berenberg Bank cut their price objective on shares of Genuit Group from GBX 540 to GBX 500 and set a “buy” rating for the company in a research report on Tuesday, November 18th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Genuit Group in a report on Wednesday, January 7th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 500 price objective on shares of Genuit Group in a research report on Tuesday, November 25th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 496.50.

Genuit Group Price Performance

The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The stock’s fifty day moving average price is GBX 339.92 and its 200-day moving average price is GBX 345.52. The firm has a market cap of £944.95 million, a PE ratio of 19.43, a P/E/G ratio of 3.23 and a beta of 1.28.

Insider Transactions at Genuit Group

In related news, insider Joe Vorih purchased 8,144 shares of Genuit Group stock in a transaction dated Friday, December 12th. The stock was bought at an average cost of GBX 221 per share, for a total transaction of £17,998.24. Company insiders own 4.22% of the company’s stock.

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.