Genus (LON:GNS) Stock Price Passes Above 200-Day Moving Average of $1,778.49

Genus plc (LON:GNS)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,778.49 ($23.74) and traded as high as GBX 1,871.28 ($24.98). Genus shares last traded at GBX 1,864 ($24.88), with a volume of 33,194 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Genus from GBX 2,300 ($30.70) to GBX 2,150 ($28.70) and set a “buy” rating for the company in a research note on Wednesday, July 17th.

Genus Trading Up 1.0 %

The stock has a 50 day moving average price of GBX 1,781.19 and a 200 day moving average price of GBX 1,778.49. 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 has a market cap of £1.22 billion, a PE ratio of 15,533.33, a PEG ratio of 2.87 and a beta of 0.37.

Genus Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be issued a GBX 21.70 ($0.29) dividend. This represents a yield of 1.21%. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Genus’s previous dividend of $10.30. Genus’s dividend payout ratio is 26,666.67%.

Insider Activity

In related news, insider Jorgen Kokke sold 2,186 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($26.11), for a total value of £42,758.16 ($57,071.76). In other Genus news, insider Jorgen Kokke sold 2,186 shares of Genus stock in a transaction on Monday, September 16th. The stock was sold at an average price of GBX 1,956 ($26.11), for a total value of £42,758.16 ($57,071.76). Also, insider Iain Ferguson purchased 3,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were acquired at an average cost of GBX 1,800 ($24.03) per share, for a total transaction of £54,000 ($72,076.88). Company insiders own 0.75% of the company’s stock.

About Genus

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.