The Rank Group (LON:RNK) Stock Passes Above 200-Day Moving Average of $83.86

The Rank Group Plc (LON:RNK – Get Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.86 ($1.04) and traded as high as GBX 102.52 ($1.28). The Rank Group shares last traded at GBX 101 ($1.26), with a volume of 47,539 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of The Rank Group in a research note on Thursday, April 20th.

The Rank Group Price Performance

The stock has a market capitalization of £463.75 million, a price-to-earnings ratio of -380.77, a PEG ratio of 1.75 and a beta of 2.54. The company has a debt-to-equity ratio of 76.09, a quick ratio of 0.65 and a current ratio of 0.59. The company has a 50 day moving average of GBX 84.58 and a 200 day moving average of GBX 84.10.

Insider Buying and Selling

In other news, insider Richard Harris sold 43,859 shares of the company’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of GBX 101 ($1.26), for a total transaction of £44,297.59 ($55,096.50). 57.32% of the stock is currently owned by insiders.

About The Rank Group

(Get Rating)

The Rank Group Plc, together with its subsidiaries, provides gaming services in Great Britain, Spain, Belgium, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and International Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker; electronic roulette and slots machine games; and community games, such as bingo, as well as sports betting and food, drink, and live entertainment.