Shares of Genus plc (LON:GNS - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,839.42 ($23.67) and traded as high as GBX 1,904 ($24.50). Genus shares last traded at GBX 1,810 ($23.29), with a volume of 77,521 shares.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Genus from GBX 2,300 ($29.60) to GBX 2,150 ($27.67) and set a "buy" rating for the company in a research report on Wednesday, July 17th.
Read Our Latest Research Report on Genus
Genus Stock Down 1.9 %
The firm's 50 day simple moving average is GBX 1,972.76 and its two-hundred day simple moving average is GBX 1,839.83. The firm has a market cap of £1.16 billion, a price-to-earnings ratio of 15,116.67, a PEG ratio of 2.87 and a beta of 0.37. The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 53.54.
Genus Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be paid a dividend of GBX 21.70 ($0.28) per share. This represents a yield of 1.21%. This is an increase from Genus's previous dividend of $10.30. The ex-dividend date of this dividend is Thursday, November 7th. Genus's dividend payout ratio is presently 26,666.67%.
Insider Buying and Selling at Genus
In related news, insider Jorgen Kokke sold 2,186 shares of Genus stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($25.17), for a total transaction of £42,758.16 ($55,022.73). In other Genus news, insider Iain Ferguson purchased 3,000 shares of the company's stock in a transaction dated Thursday, September 5th. The stock was purchased at an average price of GBX 1,800 ($23.16) per share, with a total value of £54,000 ($69,489.13). Also, insider Jorgen Kokke sold 2,186 shares of Genus stock in a transaction on Monday, September 16th. The stock was sold at an average price of GBX 1,956 ($25.17), for a total transaction of £42,758.16 ($55,022.73). Company insiders own 0.75% of the company's stock.
About Genus
(
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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.
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