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

Genus plc (LON:GNS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,896.40 ($25.77) and traded as high as GBX 2,440 ($33.15). Genus shares last traded at GBX 2,405 ($32.68), with a volume of 247,788 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on GNS. Deutsche Bank Aktiengesellschaft upped their target price on shares of Genus from GBX 2,250 ($30.57) to GBX 2,550 ($34.65) and gave the company a “buy” rating in a research note on Tuesday, July 15th. Shore Capital reaffirmed a “buy” rating and set a GBX 2,750 ($37.36) price objective on shares of Genus in a research note on Tuesday, July 15th.

Genus Trading Up 1.2%

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 business’s fifty day moving average is GBX 2,081.94 and its 200 day moving average is GBX 1,896.40. The firm has a market capitalization of £1.60 billion, a price-to-earnings ratio of 202.25, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37.

Genus Company Profile

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.