Genus (LON:GNS) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Genus plc (LON:GNS)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,655.02 and traded as low as GBX 2,570. Genus shares last traded at GBX 2,655, with a volume of 2,444,407 shares.

Analysts Set New Price Targets

Several research firms have recently commented on GNS. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Genus from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Friday, January 16th. Shore Capital Group restated a “buy” rating and issued a GBX 3,000 target price on shares of Genus in a research note on Friday, January 16th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 3,350 price target on shares of Genus in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 3,216.67.

Genus Stock Up 0.4%

The company has a quick ratio of 1.08, a current ratio of 2.25 and a debt-to-equity ratio of 55.10. The firm’s 50-day moving average price is GBX 2,867.32 and its 200 day moving average price is GBX 2,655.02. The firm has a market cap of £1.76 billion, a P/E ratio of 91.87, a price-to-earnings-growth ratio of 2.87 and a beta of 0.85.

Genus (LON:GNS) last posted its earnings results on Thursday, February 26th. The company reported GBX 60.80 earnings per share (EPS) for the quarter. Genus had a net margin of 7.07% and a return on equity of 9.70%. As a group, research analysts expect that Genus plc will post 70.9644323 earnings per share for the current year.

Insider Buying and Selling

In other Genus news, insider Celia Baxter bought 1,728 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were purchased at an average cost of GBX 2,893 per share, for a total transaction of £49,991.04. 0.70% of the stock is currently owned by corporate insiders.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.