Genus (LON:GNS) Stock Price Passes Above 200 Day Moving Average of $1,774.04

Genus plc (LON:GNS) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,774.04 ($23.20) and traded as high as GBX 1,988 ($26.00). Genus shares last traded at GBX 1,986 ($25.97), with a volume of 51,645 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Genus from GBX 2,300 ($30.08) to GBX 2,150 ($28.12) and set a “buy” rating for the company in a research report on Wednesday, July 17th.

Genus Stock Up 3.4 %

The stock has a market cap of £1.30 billion, a P/E ratio of 16,550.00, a P/E/G ratio of 2.87 and a beta of 0.37. 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 firm’s fifty day moving average is GBX 1,767.13 and its 200 day moving average is GBX 1,774.04.

Genus Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be given a dividend of GBX 21.70 ($0.28) per share. This represents a dividend 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 payout ratio is currently 26,666.67%.

Insider Buying and Selling at Genus

In other Genus news, insider Iain Ferguson purchased 3,000 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of GBX 1,800 ($23.54) per share, for a total transaction of £54,000 ($70,615.93). Insiders own 0.63% of the company’s stock.

Genus Company Profile

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.