Jorgen Kokke Sells 2,186 Shares of Genus plc (LON:GNS) Stock

Genus plc (LON:GNS) insider Jorgen Kokke sold 2,186 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of GBX 1,956 ($25.84), for a total value of £42,758.16 ($56,483.70).

Genus Stock Down 2.9 %

LON GNS opened at GBX 1,900 ($25.10) on Wednesday. Genus plc has a 52 week low of GBX 1,478 ($19.52) and a 52 week high of GBX 2,378 ($31.41). The company has a quick ratio of 1.08, a current ratio of 1.80 and a debt-to-equity ratio of 53.54. The business’s fifty day simple moving average is GBX 1,771.67 and its 200-day simple moving average is GBX 1,773.76. The firm has a market cap of £1.25 billion, a PE ratio of 15,997.56, a P/E/G ratio of 2.87 and a beta of 0.37.

Genus Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 7th will be issued a dividend of GBX 21.70 ($0.29) per share. This represents a dividend yield of 1.21%. The ex-dividend date is Thursday, November 7th. This is a positive change from Genus’s previous dividend of $10.30. Genus’s payout ratio is currently 26,666.67%.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reduced their price target on Genus from GBX 2,300 ($30.38) to GBX 2,150 ($28.40) and set a “buy” rating on the stock in a report on Wednesday, July 17th.

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.