Genuit Group (LON:GEN) Hits New 52-Week High at $473.50

Genuit Group plc (LON:GEN) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 473.50 ($6.02) and last traded at GBX 465 ($5.91), with a volume of 24841 shares. The stock had previously closed at GBX 466 ($5.92).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 480 ($6.10) target price on shares of Genuit Group in a research note on Tuesday, March 12th.

Genuit Group Stock Down 0.2 %

The company has a current ratio of 1.40, a quick ratio of 1.07 and a debt-to-equity ratio of 26.12. The company has a market capitalization of £1.16 billion, a P/E ratio of 3,106.67, a PEG ratio of 3.23 and a beta of 1.28. The firm’s 50 day moving average price is GBX 439.21 and its two-hundred day moving average price is GBX 398.74.

Genuit Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 2nd will be issued a dividend of GBX 8.30 ($0.11) per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 2.06%. This is an increase from Genuit Group’s previous dividend of $4.10. Genuit Group’s dividend payout ratio (DPR) is currently 8,000.00%.

Insider Transactions at Genuit Group

In related news, insider Kevin Boyd purchased 11,872 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was acquired at an average price of GBX 419 ($5.33) per share, with a total value of £49,743.68 ($63,222.78). Insiders own 2.97% of the company’s stock.

Genuit Group Company Profile

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.