The Rank Group (LON:RNK) Share Price Crosses Above 200-Day Moving Average of $83.86

The Rank Group Plc (LON:RNK – Get Rating)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.86 ($1.04) and traded as high as GBX 102.52 ($1.28). The Rank Group shares last traded at GBX 101 ($1.26), with a volume of 47,539 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of The Rank Group in a report on Thursday, April 20th.

The Rank Group Trading Down 2.0 %

The business has a fifty day simple moving average of GBX 84.58 and a 200 day simple moving average of GBX 84.10. The stock has a market cap of £463.75 million, a price-to-earnings ratio of -380.77, a PEG ratio of 1.75 and a beta of 2.54. The company has a debt-to-equity ratio of 76.09, a quick ratio of 0.65 and a current ratio of 0.59.

Insiders Place Their Bets

In other The Rank Group news, insider Richard Harris sold 43,859 shares of the stock in a transaction on Monday, May 15th. The stock was sold at an average price of GBX 101 ($1.26), for a total transaction of £44,297.59 ($55,096.50). Corporate insiders own 57.32% of the company’s stock.

About The Rank Group

(Get Rating)

The Rank Group Plc, together with its subsidiaries, provides gaming services in Great Britain, Spain, Belgium, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and International Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker; electronic roulette and slots machine games; and community games, such as bingo, as well as sports betting and food, drink, and live entertainment.