The Rank Group (LON:RNK) Stock Passes Below 200 Day Moving Average – Should You Sell?

The Rank Group Plc (LON:RNK) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 109.95 and traded as low as GBX 90.80. The Rank Group shares last traded at GBX 92.40, with a volume of 300,690 shares traded.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered shares of 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 research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 152.

The Rank Group Stock Performance

The company has a market cap of £432.83 million, a P/E ratio of 11.27, a PEG ratio of 1.75 and a beta of 1.76. The business’s 50 day simple moving average is GBX 93.36 and its 200 day simple moving average is GBX 109.95. 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:RNK) last announced its quarterly earnings data on Thursday, January 29th. The company reported GBX 5.60 EPS for the quarter. The Rank Group had a net margin of 4.20% and a return on equity of 9.03%. Sell-side 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 other The Rank Group news, insider John H. Ott bought 19,691 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were bought at an average price of GBX 90 per share, with a total value of £17,721.90. 0.51% of the stock is currently owned by company insiders.

About The Rank Group

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.