Genuit Group (LON:GEN) Stock Price Down 6.8% – Should You Sell?

Genuit Group plc (LON:GEN)’s share price fell 6.8% during mid-day trading on Tuesday . The stock traded as low as GBX 242.60 and last traded at GBX 243.20. 1,559,543 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 5,203,843 shares. The stock had previously closed at GBX 261.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GEN. Berenberg Bank lowered their price objective on Genuit Group from GBX 500 to GBX 440 and set a “buy” rating for the company in a research note on Tuesday, May 26th. JPMorgan Chase & Co. cut their price target on Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating on the stock in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Genuit Group from GBX 545 to GBX 440 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 332 price objective on shares of Genuit Group in a report on Tuesday, May 26th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 430.40.

Genuit Group Stock Down 6.8%

The company has a market capitalization of £612.17 million, a P/E ratio of 13.66, a PEG ratio of 3.23 and a beta of 1.49. The company has a debt-to-equity ratio of 38.15, a quick ratio of 1.07 and a current ratio of 1.54. The stock has a 50 day moving average price of GBX 276.58 and a 200 day moving average price of GBX 313.66.

Genuit Group (LON:GEN) last released its earnings results 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%. Equities research analysts forecast that Genuit Group plc will post 27.6836158 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Britta Giesen acquired 6,300 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of GBX 260 per share, with a total value of £16,380. Also, insider Joe Vorih acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of GBX 281 per share, with a total value of £42,150. In the last 90 days, insiders bought 27,950 shares of company stock valued at $7,636,300. 4.22% of the stock is owned by insiders.

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.