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

Genuit Group plc (LON:GEN) dropped 0.4% on Tuesday . The company traded as low as GBX 335 and last traded at GBX 339. Approximately 378,262 shares traded hands during trading, a decline of 78% from the average daily volume of 1,744,224 shares. The stock had previously closed at GBX 340.50.

Wall Street Analyst Weigh In

GEN has been the topic of several recent research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Genuit Group in a research report on Wednesday, January 7th. Berenberg Bank dropped their target price on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating for the company in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 500 target price on shares of Genuit Group in a research note on Tuesday, November 25th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 496.50.

Genuit Group Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10. The company has a fifty day moving average price of GBX 327.10 and a 200 day moving average price of GBX 348.07. The stock has a market cap of £848.43 million, a PE ratio of 17.47, a P/E/G ratio of 3.23 and a beta of 1.28.

Insider Buying and Selling

In related news, insider Shatish D. Dasani acquired 10,000 shares of the stock in a transaction on Monday, November 17th. The stock was purchased at an average price of GBX 313 per share, for a total transaction of £31,300. Also, insider Joe Vorih acquired 8,144 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were bought at an average cost of GBX 221 per share, with a total value of £17,998.24. Insiders acquired 43,444 shares of company stock valued at $12,797,624 over the last quarter. Company insiders own 4.25% 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.