Genus (LON:GNS) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

by · The Cerbat Gem

Genus plc (LON:GNS – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,425.73 and traded as high as GBX 2,630. Genus shares last traded at GBX 2,550, with a volume of 127,938 shares.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Genus from GBX 2,900 to GBX 3,100 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Berenberg Bank assumed coverage on Genus in a research report on Tuesday, November 25th. They set a “buy” rating and a GBX 3,050 price objective for the company. Finally, Shore Capital raised their price target on Genus from GBX 2,900 to GBX 3,000 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 3,050.

Check Out Our Latest Report on GNS

Genus Stock Down 1.9%

The firm has a market cap of £1.69 billion, a PE ratio of 88.24, 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. The firm’s 50 day moving average is GBX 2,534.76 and its 200-day moving average is GBX 2,428.92.

Insider Buying and Selling

In related news, insider Jorgen Kokke sold 3,450 shares of the stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of GBX 2,332, for a total transaction of £80,454. Insiders own 0.70% of the company’s stock.

Genus Company Profile

(Get Free Report)

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.

Further Reading