Key Points
- Insider buying: Genuit Group insider Shatish D. Dasani bought 12,500 shares on June 2 at GBX 252 each, totaling £31,500.
- Stock performance: The shares opened at GBX 253.80, near their 52-week low of GBX 241 and well below the 52-week high of GBX 409. The stock also trades below its 50-day and 200-day moving averages.
- Analyst sentiment: Analysts remain broadly positive, with five Buy ratings and an average target price of GBX 430.40, though several firms recently cut their price targets.
Genuit Group plc (LON:GEN - Get Free Report) insider Shatish D. Dasani acquired 12,500 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought at an average price of GBX 252 per share, for a total transaction of £31,500.
Genuit Group Price Performance
Genuit Group stock opened at GBX 253.80 on Wednesday. The stock's fifty day moving average price is GBX 276.58 and its two-hundred day moving average price is GBX 313.66. Genuit Group plc has a one year low of GBX 241 and a one year high of GBX 409. The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07. The firm has a market cap of £638.85 million, a PE ratio of 14.26, a price-to-earnings-growth ratio of 3.23 and a beta of 1.49.
Genuit Group (LON:GEN - Get Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 26 EPS for the quarter. Genuit Group had a return on equity of 6.89% and a net margin of 7.51%. As a group, research analysts expect that Genuit Group plc will post 27.6836158 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have commented on GEN. Berenberg Bank lowered their price objective on Genuit Group from GBX 500 to GBX 440 and set a "buy" rating on the stock in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on Genuit Group from GBX 545 to GBX 440 and set a "buy" rating on the stock in a research note on Tuesday, May 26th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 332 target price on shares of Genuit Group in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. reduced their target price on Genuit Group from GBX 465 to GBX 440 and set an "overweight" rating on the stock in a report on Tuesday, May 26th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Genuit Group has an average rating of "Buy" and an average target price of GBX 430.40.
View Our Latest Analysis on GEN
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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