Genuit Group (LON:GEN) Stock Price Down 0.7% – Should You Sell?

Genuit Group plc (LON:GEN)’s share price was down 0.7% on Monday . The company traded as low as GBX 297.20 and last traded at GBX 300. Approximately 592,963 shares changed hands during trading, a decline of 62% from the average daily volume of 1,570,781 shares. The stock had previously closed at GBX 302.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on GEN shares. Jefferies Financial Group restated a “buy” rating and set a GBX 394 price objective on shares of Genuit Group in a research report on Wednesday, March 11th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Genuit Group in a research report on Wednesday, January 7th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 500 price objective on shares of Genuit Group in a research report on Wednesday, March 11th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 464.75.

Genuit Group Stock Down 1.2%

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 capitalization of £771.76 million, a P/E ratio of 17.26, a P/E/G ratio of 3.23 and a beta of 1.60. The company’s 50-day simple moving average is GBX 327.97 and its two-hundred day simple moving average is GBX 336.03.

Genuit Group (LON:GEN) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 26 earnings per share for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. As a group, research analysts expect that Genuit Group plc will post 27.6836158 earnings per share for the current year.

Insider Activity at Genuit Group

In other Genuit Group news, insider Tim Pullen purchased 2,650 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were acquired at an average cost of GBX 282 per share, for a total transaction of £7,473. Also, insider Joe Vorih purchased 15,000 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of GBX 281 per share, for a total transaction of £42,150. 4.22% of the stock is currently owned by company insiders.

About Genuit Group

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.