Genus (LON:GNS) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Genus plc (LON:GNS)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,822.91 ($23.52) and traded as high as GBX 1,862 ($24.02). Genus shares last traded at GBX 1,818.34 ($23.46), with a volume of 167,569 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Genus in a research note on Wednesday, December 11th.

Genus Price Performance

The company has a market cap of £1.18 billion, a price-to-earnings ratio of 149.63, a PEG ratio of 2.87 and a beta of 0.37. The company has a debt-to-equity ratio of 53.12, a quick ratio of 1.08 and a current ratio of 1.80. The company’s 50 day moving average price is GBX 1,862.72 and its 200-day moving average price is GBX 1,822.03.

Genus (LON:GNS) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 39.80 ($0.51) earnings per share for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. On average, equities research analysts forecast that Genus plc will post 70.9644323 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Genus news, insider Jorgen Kokke sold 19,967 shares of Genus stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of GBX 1,731 ($22.33), for a total transaction of £345,628.77 ($445,857.55). 0.75% of the stock is currently owned by company insiders.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.