The Rank Group (LON:RNK) Stock Passes Above 200 Day Moving Average of $72.68

The Rank Group Plc (LON:RNK) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 72.68 ($0.90) and traded as high as GBX 73.24 ($0.90). The Rank Group shares last traded at GBX 71 ($0.88), with a volume of 36,305 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Rank Group in a research note on Thursday, April 18th.

The Rank Group Stock Performance

The company has a debt-to-equity ratio of 64.63, a current ratio of 0.44 and a quick ratio of 0.65. The stock’s 50 day simple moving average is GBX 70.30 and its two-hundred day simple moving average is GBX 72.68. The stock has a market cap of £344.45 million, a P/E ratio of -355.00, a price-to-earnings-growth ratio of 1.75 and a beta of 2.46.

Insider Buying and Selling at The Rank Group

In related news, insider Richard Harris purchased 43,859 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were purchased at an average price of GBX 67 ($0.83) per share, with a total value of £29,385.53 ($36,296.36). Insiders own 56.16% of the company’s stock.

The Rank Group Company Profile

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