Genus (LON:GNS) Stock Crosses Above 200 Day Moving Average of $5,276.89

Shares of Genus plc (LON:GNS) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 5,276.89 ($68.94) and traded as high as GBX 5,690 ($74.34). Genus shares last traded at GBX 5,670 ($74.08), with a volume of 75,638 shares.

Several brokerages have commented on GNS. Peel Hunt reissued a “buy” rating and set a GBX 5,500 ($71.86) price objective on shares of Genus in a research report on Tuesday, June 22nd. Liberum Capital reaffirmed a “buy” rating and set a GBX 5,630 ($73.56) target price on shares of Genus in a research note on Thursday, September 9th. Citigroup reissued a “hold” rating and issued a GBX 5,500 ($71.86) price target on shares of Genus in a research report on Tuesday, June 29th. Peel Hunt reaffirmed a “buy” rating and set a GBX 5,500 ($71.86) price objective on shares of Genus in a research report on Tuesday, June 22nd. Finally, Numis Securities reiterated an “add” rating and set a GBX 5,500 ($71.86) price objective on shares of Genus in a research note on Tuesday, June 29th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 5,518.57 ($72.10).

The stock has a fifty day simple moving average of GBX 5,691.29 and a 200 day simple moving average of GBX 5,276.89. The company has a debt-to-equity ratio of 30.53, a quick ratio of 1.04 and a current ratio of 1.63. The firm has a market cap of £3.73 billion and a P/E ratio of 78.75.

The firm also recently disclosed a dividend, which will be paid on Friday, December 10th. Investors of record on Thursday, November 18th will be given a dividend of GBX 21.70 ($0.28) per share. The ex-dividend date is Thursday, November 18th. This is a boost from Genus’s previous dividend of $10.30. This represents a dividend yield of 0.37%. Genus’s dividend payout ratio (DPR) is 0.40%.

In other news, insider Stephen Wilson sold 20,000 shares of Genus stock in a transaction that occurred on Monday, September 13th. The shares were sold at an average price of GBX 5,615 ($73.36), for a total value of £1,123,000 ($1,467,206.69).

Genus Company Profile (LON:GNS)

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 Research and Development. It sells sows, boars, and semen to breed pigs with various characteristics for pork production under the PIC brand.

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