Genuit Group (LON:GEN) Shares Down 1% – Should You Sell?

Genuit Group plc (LON:GEN)’s stock price traded down 1% during mid-day trading on Wednesday. The stock traded as low as GBX 264 and last traded at GBX 265.80. Approximately 9,859,808 shares were traded during trading, an increase of 85% from the average daily volume of 5,338,870 shares. The stock had previously closed at GBX 268.60.

Analyst Upgrades and Downgrades

GEN has been the topic of a number of research analyst reports. Jefferies Financial Group upped their target price on Genuit Group from GBX 332 to GBX 366 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a research report on Wednesday, August 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 440 price target on shares of Genuit Group in a research note on Wednesday, August 12th. Finally, JPMorgan Chase & Co. increased their price target on shares of Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 439.20.

Genuit Group Price Performance

The business has a fifty day moving average price of GBX 273.93 and a 200-day moving average price of GBX 274.95. The company has a current ratio of 1.46, a quick ratio of 1.07 and a debt-to-equity ratio of 36.63. The stock has a market capitalization of £670.02 million, a PE ratio of 19.84, a PEG ratio of 3.23 and a beta of 1.44.

Genuit Group (LON:GEN) last announced its quarterly earnings data on Tuesday, August 11th. The company reported GBX 10.50 earnings per share for the quarter. Genuit Group had a return on equity of 5.19% and a net margin of 5.60%. Research analysts expect that Genuit Group plc will post 27.6836158 EPS for the current fiscal year.

Insider Activity at Genuit Group

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

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.