Genus (LON:GNS) Reaches New 52-Week Low – Here’s Why

Genus plc (LON:GNS) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 2,007 and last traded at GBX 2,012, with a volume of 147657 shares. The stock had previously closed at GBX 2,060.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 3,350 price objective on shares of Genus in a research report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 3,216.67.

Genus Trading Down 1.8%

The company has a debt-to-equity ratio of 51.73, a current ratio of 2.25 and a quick ratio of 1.08. The firm’s 50 day moving average price is GBX 2,257.35 and its 200 day moving average price is GBX 2,561.35. The stock has a market capitalization of £1.35 billion, a P/E ratio of 28.65, a P/E/G ratio of 2.87 and a beta of 0.90.

Insider Buying and Selling

In other news, insider Jorgen Kokke sold 3,450 shares of Genus stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of GBX 2,267, for a total value of £78,211.50. Also, insider Celia Baxter bought 2,336 shares of Genus stock in a transaction dated Friday, June 26th. The shares were acquired at an average cost of GBX 2,140 per share, for a total transaction of £49,990.40. Corporate insiders own 0.71% of the company’s stock.

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.