Genuit Group (LON:GEN) Trading Down 2% – Should You Sell?

Genuit Group plc (LON:GEN – Get Free Report) traded down 2% during mid-day trading on Wednesday . The company traded as low as GBX 259.40 and last traded at GBX 262.60. Approximately 1,859,523 shares traded hands during trading, a decline of 66% from the average session volume of 5,540,269 shares. The stock had previously closed at GBX 268.

Wall Street Analysts Forecast Growth

Several analysts recently commented on GEN shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a research report on Wednesday, August 12th. Berenberg Bank reissued a “buy” rating and set a GBX 440 target price on shares of Genuit Group in a research note on Wednesday, August 12th. JPMorgan Chase & Co. raised their target price on Genuit Group from GBX 440 to GBX 450 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group lifted their price target on Genuit Group from GBX 332 to GBX 366 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 439.20.

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Genuit Group Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.46 and a debt-to-equity ratio of 36.63. The company has a market capitalization of £672.04 million, a price-to-earnings ratio of 14.98, a PEG ratio of 3.23 and a beta of 1.44. The stock’s 50-day simple moving average is GBX 275.99 and its two-hundred day simple moving average is GBX 286.10.

Genuit Group (LON:GEN – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Genuit Group had a net margin of 5.60% and a return on equity of 5.19%. Equities research analysts predict that Genuit Group plc will post 27.6836158 earnings per share for the current year.

Insider Buying and Selling at Genuit Group

In other news, insider Bronagh Kennedy bought 9,050 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of GBX 296 per share, with a total value of £26,788. Insiders own 4.23% of the company’s stock.

About Genuit Group

(Get Free Report)

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.

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