The Restaurant Group (LON:RTN) Shares Pass Above 200-Day Moving Average of $46.96

The Restaurant Group plc (LON:RTNGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 46.96 ($0.58) and traded as high as GBX 67.10 ($0.83). The Restaurant Group shares last traded at GBX 65.60 ($0.81), with a volume of 13,042,793 shares changing hands.

Analyst Upgrades and Downgrades

RTN has been the subject of several recent analyst reports. Barclays reiterated an “underweight” rating and issued a GBX 50 ($0.62) price objective on shares of The Restaurant Group in a research note on Thursday, September 7th. Numis Securities reiterated a “buy” rating and set a GBX 59 ($0.73) target price on shares of The Restaurant Group in a research report on Monday, September 11th. Finally, Shore Capital restated a “buy” rating on shares of The Restaurant Group in a research report on Thursday, October 12th.

Get Our Latest Analysis on RTN

The Restaurant Group Stock Up 0.5 %

The firm has a market capitalization of £507.98 million, a PE ratio of -1,093.33, a price-to-earnings-growth ratio of 0.94 and a beta of 2.11. The company has a current ratio of 0.20, a quick ratio of 0.43 and a debt-to-equity ratio of 159.06. The firm has a 50-day moving average of GBX 54.85 and a two-hundred day moving average of GBX 46.96.

About The Restaurant Group

(Get Free Report)

The Restaurant Group plc operates restaurants and pubs in the United Kingdom. Its brands include Wagamama, Frankie & Benny's, Brunning & Price, Chiquito, Coast to Coast, Firejacks, and Barburrito. The company also operates TRG concessions that provide table and counter services, as well as sandwich shops, pubs, and bars.

Featured Articles

Receive News & Ratings for The Restaurant Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Restaurant Group and related companies with's FREE daily email newsletter.