The Rank Group (LON:RNK) Stock Price Passes Above 200-Day Moving Average of $72.68

The Rank Group Plc (LON:RNK) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 72.68 ($0.90) and traded as high as GBX 73.24 ($0.90). The Rank Group shares last traded at GBX 71 ($0.88), with a volume of 36,305 shares changing 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 18th.

The Rank Group Stock Up 1.4 %

The business’s fifty day moving average is GBX 70.26 and its two-hundred day moving average is GBX 72.64. The company has a market cap of £337.27 million, a P/E ratio of -360.00, a price-to-earnings-growth ratio of 1.75 and a beta of 2.46. The company has a debt-to-equity ratio of 64.63, a quick ratio of 0.65 and a current ratio of 0.44.

Insider Activity at The Rank Group

In related news, insider Richard Harris acquired 43,859 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was bought at an average price of GBX 67 ($0.83) per share, for a total transaction of £29,385.53 ($36,296.36). 56.16% of the stock is currently owned by company insiders.

About The Rank Group

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.