Insider Buying: Genuit Group (LON:GEN) Insider Buys 12,500 Shares of Stock

Genuit Group plc (LON:GEN) insider Shatish D. Dasani purchased 12,500 shares of Genuit Group stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average price of GBX 252 per share, with a total value of £31,500.

Genuit Group Stock Performance

GEN stock traded down GBX 17.80 during trading on Tuesday, reaching GBX 243.20. 1,559,543 shares of the company’s stock were exchanged, compared to its average volume of 5,203,843. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 38.15. Genuit Group plc has a 1-year low of GBX 241 and a 1-year high of GBX 409. The company’s fifty day moving average price is GBX 276.58 and its 200-day moving average price is GBX 313.66. The firm has a market cap of £612.17 million, a PE ratio of 13.66, a P/E/G ratio of 3.23 and a beta of 1.49.

Genuit Group (LON:GEN) last announced its quarterly earnings data on Tuesday, March 10th. The company reported GBX 26 earnings per share for the quarter. Genuit Group had a return on equity of 6.89% and a net margin of 7.51%. On average, research analysts expect that Genuit Group plc will post 27.6836158 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

GEN has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their price objective on Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 332 target price on shares of Genuit Group in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft dropped their price target on Genuit Group from GBX 545 to GBX 440 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Finally, Berenberg Bank dropped their price target on Genuit Group from GBX 500 to GBX 440 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 430.40.

Genuit Group Company Profile

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.