Genuit Group (LON:GEN) Trading 1.7% Higher – Time to Buy?

Genuit Group plc (LON:GEN) shares traded up 1.7% during mid-day trading on Monday . The company traded as high as GBX 448 ($5.77) and last traded at GBX 440 ($5.66). 2,237,810 shares changed hands during trading, an increase of 268% from the average session volume of 608,396 shares. The stock had previously closed at GBX 432.50 ($5.57).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 545 ($7.01) target price on shares of Genuit Group in a research report on Wednesday, August 14th.

Genuit Group Stock Up 1.7 %

The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The business’s fifty day moving average price is GBX 475.49 and its two-hundred day moving average price is GBX 464.89. The stock has a market capitalization of £1.10 billion, a PE ratio of 4,400.00, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28.

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 three segments: Sustainable Building Solutions, Water Management Solutions, and Climate Management Solutions.