Genuit Group (LON:GEN) Sets New 12-Month Low – Here’s Why

Genuit Group plc (LON:GEN)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 298.50 and last traded at GBX 301.50, with a volume of 2936561 shares trading hands. The stock had previously closed at GBX 355.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GEN shares. Royal Bank Of Canada boosted their target price on shares of Genuit Group from GBX 505 to GBX 520 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Berenberg Bank reduced their price objective on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research note on Tuesday, October 28th. Finally, Jefferies Financial Group boosted their target price on Genuit Group from GBX 508 to GBX 521 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Genuit Group presently has a consensus rating of “Buy” and an average target price of GBX 507.75.

Genuit Group Stock Up 1.3%

The company has a market capitalization of £751.90 million, a price-to-earnings ratio of 15.59, a PEG ratio of 3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The business’s 50 day moving average is GBX 356.34 and its 200 day moving average is GBX 374.35.

Insider Buying and Selling

In related news, insider Tim Pullen purchased 2,300 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average price of GBX 306 per share, with a total value of £7,038. Also, insider Kevin Boyd bought 20,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was bought at an average price of GBX 312 per share, for a total transaction of £62,400. Over the last three months, insiders purchased 35,300 shares of company stock valued at $10,997,800. Insiders own 4.24% of the company’s stock.

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.