Shore Capital Reaffirms “Hold” Rating for Genuit Group (LON:GEN)

Shore Capital reaffirmed their hold rating on shares of Genuit Group (LON:GEN) in a research report sent to investors on Wednesday morning, MarketBeat.com reports.

Genuit Group Price Performance

LON GEN opened at GBX 313.50 ($3.85) on Wednesday. The company has a debt-to-equity ratio of 32.80, a quick ratio of 1.07 and a current ratio of 1.67. The firm’s 50 day moving average price is GBX 296.90 and its 200-day moving average price is GBX 305.61. Genuit Group has a 52-week low of GBX 244 ($3.00) and a 52-week high of GBX 350 ($4.30). The company has a market cap of £781.15 million, a PE ratio of 2,239.29, a P/E/G ratio of 3.23 and a beta of 1.22.

Insider Activity

In other Genuit Group news, insider Joe Vorih acquired 8,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were purchased at an average cost of GBX 264 ($3.24) per share, for a total transaction of £21,120 ($25,936.39). In other news, insider Joe Vorih bought 8,000 shares of the stock in a transaction on Wednesday, November 1st. The stock was bought at an average cost of GBX 264 ($3.24) per share, for a total transaction of £21,120 ($25,936.39). Also, insider Bronagh Kennedy bought 950 shares of the stock in a transaction on Friday, September 8th. The stock was purchased at an average price of GBX 319 ($3.92) per share, with a total value of £3,030.50 ($3,721.60). Insiders own 0.85% of the company’s stock.

About Genuit Group

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.