The Rank Group (LON:RNK) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

The Rank Group Plc (LON:RNKGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 106.56 and traded as low as GBX 88.20. The Rank Group shares last traded at GBX 90.72, with a volume of 9,176,603 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut The Rank Group to a “hold” rating and decreased their price target for the company from GBX 163 to GBX 104 in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, The Rank Group currently has an average rating of “Moderate Buy” and an average target price of GBX 152.

View Our Latest Report on RNK

The Rank Group Trading Down 0.3%

The firm has a 50-day moving average of GBX 91.61 and a 200 day moving average of GBX 106.56. The company has a market cap of £424.97 million, a P/E ratio of 11.06, a price-to-earnings-growth ratio of 1.75 and a beta of 1.76. The company has a current ratio of 0.45, a quick ratio of 0.65 and a debt-to-equity ratio of 104.68.

The Rank Group (LON:RNKGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 9.03% and a net margin of 4.20%. On average, analysts predict that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal year.

Insider Buying and Selling at The Rank Group

In related news, insider John H. Ott bought 19,691 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were bought at an average price of GBX 90 per share, for a total transaction of £17,721.90. 0.51% of the stock is owned by corporate insiders.

The Rank Group Company Profile

(Get Free Report)

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.

Further Reading

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