The Rank Group (LON:RNK) Shares Pass Above 200 Day Moving Average of $75.41

The Rank Group Plc (LON:RNKGet Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 75.41 ($0.96) and traded as high as GBX 87 ($1.11). The Rank Group shares last traded at GBX 84 ($1.07), with a volume of 135,833 shares.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on RNK

The Rank Group Stock Performance

The company has a 50-day moving average price of GBX 78.60 and a two-hundred day moving average price of GBX 75.41. The company has a current ratio of 0.44, a quick ratio of 0.65 and a debt-to-equity ratio of 64.63. The stock has a market capitalization of £393.48 million, a P/E ratio of -420.00, a price-to-earnings-growth ratio of 1.75 and a beta of 2.40.

Insider Activity at The Rank Group

In related news, insider Richard Harris acquired 43,859 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was purchased at an average cost of GBX 67 ($0.86) per share, with a total value of £29,385.53 ($37,529.41). 60.47% of the stock is currently owned by corporate insiders.

About The Rank Group

(Get Free Report)

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.

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