Genuit Group (LON:GEN) Trading Up 1.4% – Time to Buy?

Genuit Group plc (LON:GEN) shares were up 1.4% on Wednesday . The company traded as high as GBX 395.50 ($5.24) and last traded at GBX 394 ($5.22). Approximately 1,704,757 shares changed hands during mid-day trading, an increase of 34% from the average daily volume of 1,272,526 shares. The stock had previously closed at GBX 388.50 ($5.15).

Analyst Upgrades and Downgrades

Several research firms recently commented on GEN. Berenberg Bank restated a “buy” rating and set a GBX 525 ($6.96) price target on shares of Genuit Group in a report on Monday, May 19th. JPMorgan Chase & Co. raised shares of Genuit Group to an “overweight” rating and upped their price target for the stock from GBX 450 ($5.97) to GBX 490 ($6.50) in a research note on Wednesday, July 9th.

Genuit Group Price Performance

The stock has a 50 day moving average price of GBX 391.19 and a two-hundred day moving average price of GBX 376.98. The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The company has a market capitalization of £977.24 million, a PE ratio of 41.34, a P/E/G ratio of 3.23 and a beta of 1.28.

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.