Genus (LON:GNS) Shares Pass Above 200 Day Moving Average - What's Next?

Genus plc (LON:GNS - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,819.47 ($23.62) and traded as high as GBX 2,070 ($26.88). Genus shares last traded at GBX 2,065 ($26.81), with a volume of 39,814 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft cut their target price on Genus from GBX 2,300 ($29.86) to GBX 2,150 ($27.91) and set a "buy" rating on the stock in a research report on Wednesday, July 17th.

Genus Trading Up 2.2 %

The company's 50 day moving average price is GBX 1,913.10 and its two-hundred day moving average price is GBX 1,819.47. The firm has a market cap of £1.35 billion, a PE ratio of 17,208.33, a P/E/G ratio of 2.87 and a beta of 0.37. The company has a quick ratio of 1.08, a current ratio of 1.80 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 GBX 21.70 ($0.28) dividend. The ex-dividend date is Thursday, November 7th. This represents a yield of 1.21%. This is an increase from Genus's previous dividend of $10.30. Genus's dividend payout ratio (DPR) is presently 26,666.67%.

Insider Buying and Selling at Genus

In other Genus news, insider Iain Ferguson purchased 3,000 shares of Genus stock in a transaction dated Thursday, September 5th. The shares were purchased at an average cost of GBX 1,800 ($23.37) per share, for a total transaction of £54,000 ($70,111.66). In related news, insider Jorgen Kokke sold 2,186 shares of the firm's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($25.40), for a total value of £42,758.16 ($55,515.66). Also, insider Iain Ferguson acquired 3,000 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average cost of GBX 1,800 ($23.37) per share, with a total value of £54,000 ($70,111.66). Company insiders own 0.75% of the company's stock.

Genus Company Profile

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.