Genus (LON:GNS) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Genus plc (LON:GNS)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,604.34 and traded as high as GBX 3,125. Genus shares last traded at GBX 3,065, with a volume of 2,605,506 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have recently commented on GNS shares. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 3,000 target price on shares of Genus in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 3,350 price objective 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 data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 3,216.67.

Genus Stock Down 0.5%

The firm has a market cap of £2.01 billion, a price-to-earnings ratio of 104.84, a P/E/G ratio of 2.87 and a beta of 0.37. The company has a debt-to-equity ratio of 53.12, a current ratio of 1.80 and a quick ratio of 1.08. The stock has a 50-day moving average of GBX 2,742.28 and a 200-day moving average of GBX 2,608.07.

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.