Genuit Group (LON:GEN) Shares Down 1.1%

Genuit Group plc (LON:GENGet Rating)’s share price was down 1.1% during mid-day trading on Thursday . The company traded as low as GBX 314.50 ($3.72) and last traded at GBX 316.50 ($3.74). Approximately 3,738,372 shares changed hands during mid-day trading, an increase of 592% from the average daily volume of 540,505 shares. The stock had previously closed at GBX 320 ($3.78).

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GEN shares. Shore Capital reaffirmed a “buy” rating on shares of Genuit Group in a report on Tuesday, October 25th. Berenberg Bank dropped their target price on shares of Genuit Group from GBX 470 ($5.56) to GBX 370 ($4.38) and set a “buy” rating for the company in a report on Wednesday, October 26th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Genuit Group from GBX 661 ($7.82) to GBX 447 ($5.29) and set a “buy” rating for the company in a report on Tuesday, October 25th.

Genuit Group Stock Performance

The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 38.37. The stock’s 50 day moving average price is GBX 293.88 and its two-hundred day moving average price is GBX 364.42. The firm has a market capitalization of £788.62 million and a PE ratio of 1,665.79.

Insider Transactions at Genuit Group

In other Genuit Group news, insider Paul James acquired 5,823 shares of the company’s stock in a transaction dated Friday, September 9th. The stock was acquired at an average cost of GBX 340 ($4.02) per share, with a total value of £19,798.20 ($23,410.43). In related news, insider Paul James purchased 5,823 shares of the firm’s stock in a transaction on Friday, September 9th. The shares were bought at an average price of GBX 340 ($4.02) per share, for a total transaction of £19,798.20 ($23,410.43). Also, insider Kevin Boyd purchased 40,000 shares of the firm’s stock in a transaction on Thursday, November 3rd. The stock was bought at an average price of GBX 251 ($2.97) per share, for a total transaction of £100,400 ($118,718.22). Insiders acquired a total of 53,323 shares of company stock valued at $14,532,320 in the last ninety days.

About Genuit Group

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Genuit Group plc develops, manufactures, and sells water, climate, and ventilation management solutions in the United Kingdom, rest of the Europe, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage systems, rainwater solutions, and various plastic hot and cold plumbing products, as well as commercial ventilation, underfloor heating, hydronic filters, and plastic plumbing systems.

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