Genus plc (LON:GNS – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 2,284.45 and traded as high as GBX 2,338. Genus shares last traded at GBX 2,280, with a volume of 446,923 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 3,350 price target on shares of Genus in a research report on Thursday, September 10th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 3,216.67.
Check Out Our Latest Research Report on Genus
Genus Trading Up 3.3%
Genus (LON:GNS – Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The company reported GBX 110.30 EPS for the quarter. Genus had a net margin of 43.35% and a return on equity of 44.90%. On average, research analysts anticipate that Genus plc will post 70.96 EPS for the current year.
Insider Buying and Selling
In related news, insider Jorgen Kokke sold 50,236 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of GBX 2,151, for a total value of £1,080,576.36. 0.71% of the stock is 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. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.
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