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

Genuit Group plc (LON:GEN)’s stock price was down 1% during trading on Wednesday . The company traded as low as GBX 361 and last traded at GBX 362.50. Approximately 8,640,876 shares were traded during trading, an increase of 604% from the average daily volume of 1,227,985 shares. The stock had previously closed at GBX 366.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GEN shares. Royal Bank Of Canada boosted their price target on Genuit Group from GBX 505 to GBX 520 and gave the company an “outperform” rating in a report on Friday, October 3rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research report on Tuesday, October 28th. Jefferies Financial Group upped their target price on Genuit Group from GBX 508 to GBX 521 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Finally, Berenberg Bank increased their price target on Genuit Group from GBX 525 to GBX 540 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Genuit Group presently has an average rating of “Buy” and an average price target of GBX 517.75.

Genuit Group Price Performance

The firm has a market capitalization of £897.31 million, a P/E ratio of 18.61, a P/E/G ratio of 3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The stock’s fifty day simple moving average is GBX 357.33 and its 200 day simple moving average is GBX 375.73.

Genuit Group (LON:GEN) last released its quarterly earnings results on Tuesday, August 12th. The company reported GBX 11.60 earnings per share for the quarter. Genuit Group had a net margin of 4.26% and a return on equity of 3.74%. On average, equities research analysts predict that Genuit Group plc will post 27.6836158 EPS for the current year.

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.