Genus (LON:GNS) Hits New 1-Year High – Here’s What Happened

Genus plc (LON:GNS)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 3,220 and last traded at GBX 3,216.18, with a volume of 14473 shares traded. The stock had previously closed at GBX 3,135.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GNS. Deutsche Bank Aktiengesellschaft lifted their price target on Genus from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research note on Friday, January 16th. 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. Finally, Shore Capital Group restated a “buy” rating and issued a GBX 3,000 price objective on shares of Genus in a report on Friday, January 16th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 3,216.67.

Genus Stock Performance

The stock has a 50-day moving average of GBX 2,829.33 and a 200 day moving average of GBX 2,642.53. The stock has a market cap of £1.92 billion, a PE ratio of 99.83, a P/E/G ratio of 2.87 and a beta of 0.37. The company has a quick ratio of 1.08, a current ratio of 1.80 and a debt-to-equity ratio of 53.12.

Genus (LON:GNS) last announced its quarterly 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 1.18% and a return on equity of 1.41%. Equities analysts predict that Genus plc will post 70.9644323 EPS for the current fiscal year.

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.