Genus (LON:GNS) Shares Up 19.4% – Here’s Why

Genus plc (LON:GNS) was up 19.4% during trading on Wednesday . The stock traded as high as GBX 1,714 ($20.93) and last traded at GBX 1,700.27 ($20.76). Approximately 4,525,729 shares changed hands during trading, an increase of 667% from the average daily volume of 590,108 shares. The stock had previously closed at GBX 1,424 ($17.38).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Genus in a research note on Wednesday, December 11th.

Genus Trading Up 17.8 %

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 has a market cap of £1.10 billion, a price-to-earnings ratio of 13,982.98, a PEG ratio of 2.87 and a beta of 0.37. The company has a fifty day moving average price of GBX 1,664.98 and a 200-day moving average price of GBX 1,783.39.

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.