Shares of Genus plc (LON:GNS - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,831.17 ($23.84) and traded as high as GBX 2,115 ($27.53). Genus shares last traded at GBX 2,065 ($26.88), with a volume of 30,674 shares changing hands.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Genus from GBX 2,300 ($29.94) to GBX 2,150 ($27.99) and set a "buy" rating on the stock in a report on Wednesday, July 17th.
Check Out Our Latest Report on GNS
Genus Stock Performance
The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 53.54. The company's fifty day moving average is GBX 1,956.36 and its 200 day moving average is GBX 1,833.17. The company has a market cap of £1.30 billion, a P/E ratio of 16,500.00, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37.
Genus Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be issued a dividend of GBX 21.70 ($0.28) per share. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 1.21%. This is a positive change from Genus's previous dividend of $10.30. Genus's dividend payout ratio (DPR) is currently 26,666.67%.
Insider Activity at Genus
In other 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 ($25.46), for a total value of £42,758.16 ($55,660.19). In related news, insider Jorgen Kokke sold 2,186 shares of Genus stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($25.46), for a total transaction of £42,758.16 ($55,660.19). Also, insider Iain Ferguson purchased 3,000 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average cost of GBX 1,800 ($23.43) per share, with a total value of £54,000 ($70,294.19). 0.75% of the stock is owned by insiders.
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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