The Rank Group (LON:RNK) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

The Rank Group Plc (LON:RNK) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 84.50 ($1.10) and traded as high as GBX 84.60 ($1.10). The Rank Group shares last traded at GBX 81.40 ($1.06), with a volume of 151,380 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of The Rank Group in a research note on Thursday, January 30th.

The Rank Group Trading Down 2.6 %

The company has a 50-day simple moving average of GBX 84.34 and a 200 day simple moving average of GBX 84.50. The company has a market capitalization of £380.43 million, a P/E ratio of 30.81, a P/E/G ratio of 1.75 and a beta of 2.48. The company has a debt-to-equity ratio of 58.20, a quick ratio of 0.65 and a current ratio of 0.47.

The Rank Group (LON:RNK) last issued its quarterly earnings results on Thursday, January 30th. The company reported GBX 4.80 ($0.06) earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 3.65% and a net margin of 1.67%. Sell-side analysts expect that The Rank Group Plc will post 7.5021608 earnings per share for the current year.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today’s gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group’s story is one of iconic brands and talented people with a mission to entertain.