Genuit Group (LON:GEN) Stock Price Down 0.4% – What’s Next?

Genuit Group plc (LON:GEN)’s share price was down 0.4% during trading on Tuesday . The company traded as low as GBX 335 and last traded at GBX 339. Approximately 378,262 shares were traded during trading, a decline of 78% from the average daily volume of 1,744,224 shares. The stock had previously closed at GBX 340.50.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on GEN shares. Berenberg Bank reduced their price objective on shares of Genuit Group from GBX 540 to GBX 500 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 500 price target on shares of Genuit Group in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Genuit Group in a research note on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Genuit Group presently has an average rating of “Buy” and a consensus target price of GBX 496.50.

Genuit Group Trading Down 0.4%

The stock’s fifty day moving average price is GBX 327.10 and its 200 day moving average price is GBX 348.07. The stock has a market cap of £848.43 million, a P/E ratio of 17.47, a PEG ratio of 3.23 and a beta of 1.28. The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 28.10.

Insider Buying and Selling at Genuit Group

In other Genuit Group news, insider Joe Vorih acquired 8,144 shares of the business’s stock in a transaction on Friday, December 12th. The shares were acquired at an average price of GBX 221 per share, for a total transaction of £17,998.24. Also, insider Tim Pullen bought 2,300 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were acquired at an average cost of GBX 306 per share, with a total value of £7,038. Over the last three months, insiders acquired 43,444 shares of company stock worth $12,797,624. Insiders own 4.25% of the company’s stock.

Genuit Group Company Profile

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.