The Rank Group (LON:RNK) Share Price Crosses Above Two Hundred Day Moving Average of $72.85

Shares of The Rank Group Plc (LON:RNK) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 72.85 ($0.92) and traded as high as GBX 89.20 ($1.12). The Rank Group shares last traded at GBX 87.60 ($1.10), with a volume of 72,761 shares traded.

Analyst Ratings Changes

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

The Rank Group Stock Performance

The firm has a market capitalization of £410.34 million, a price-to-earnings ratio of -438.00, a P/E/G ratio of 1.75 and a beta of 2.46. The stock’s fifty day moving average is GBX 71.43 and its two-hundred day moving average is GBX 72.85. The company has a quick ratio of 0.65, a current ratio of 0.44 and a debt-to-equity ratio of 64.63.

Insider Buying and Selling

In other news, insider Richard Harris bought 43,859 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were acquired at an average cost of GBX 67 ($0.84) per share, for a total transaction of £29,385.53 ($36,911.86). 56.16% of the stock is owned by corporate insiders.

About The Rank Group

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.