Genus (LON:GNS) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Genus plc (LON:GNS) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,656.19 and traded as high as GBX 2,710. Genus shares last traded at GBX 2,690, with a volume of 57,489 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Shore Capital Group restated a “buy” rating and issued a GBX 3,000 price target on shares of Genus in a research note on Friday, January 16th. Berenberg Bank restated a “buy” rating and set a GBX 3,350 target price on shares of Genus in a research note on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Genus from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research note on Friday, January 16th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 3,216.67.

Genus Stock Up 0.6%

The stock has a market capitalization of £1.79 billion, a P/E ratio of 93.08, a P/E/G ratio of 2.87 and a beta of 0.85. The company has a debt-to-equity ratio of 55.10, a current ratio of 2.25 and a quick ratio of 1.08. The firm has a 50-day simple moving average of GBX 2,880.46 and a 200 day simple moving average of GBX 2,656.19.

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

Insider Activity

In related news, insider Celia Baxter acquired 1,728 shares of Genus stock in a transaction dated Friday, February 27th. The shares were purchased at an average cost of GBX 2,893 per share, with a total value of £49,991.04. Company insiders own 0.70% of the company’s stock.

Genus Company Profile

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.