Genus (LON:GNS) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Genus plc (LON:GNS)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,810.28 ($23.53) and traded as high as GBX 1,994 ($25.92). Genus shares last traded at GBX 1,992 ($25.90), with a volume of 87,838 shares changing hands.

Wall Street Analysts Forecast Growth

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

Genus Stock Performance

The company has a market cap of £1.31 billion, a price-to-earnings ratio of 166.20, 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 business’s 50 day moving average price is GBX 1,798.17 and its 200-day moving average price is GBX 1,811.60.

Genus (LON:GNS) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 39.80 ($0.52) EPS for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. On average, research analysts forecast that Genus plc will post 70.9644323 EPS for the current year.

Insider Activity at Genus

In other Genus news, insider Jorgen Kokke sold 19,967 shares of Genus stock in a transaction dated Friday, February 28th. The stock was sold at an average price of GBX 1,731 ($22.50), for a total transaction of £345,628.77 ($449,335.37). 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.