The Rank Group (LON:RNK) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

The Rank Group Plc (LON:RNKGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 127.45 and traded as low as GBX 97. The Rank Group shares last traded at GBX 97.90, with a volume of 338,146 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on RNK. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price objective on shares of The Rank Group in a research note on Wednesday, October 15th. Shore Capital reissued a “house stock” rating on shares of The Rank Group in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, The Rank Group presently has a consensus rating of “Buy” and a consensus price target of GBX 200.

Check Out Our Latest Analysis on The Rank Group

The Rank Group Stock Up 0.6%

The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20. The company has a market cap of £461.40 million, a price-to-earnings ratio of 10.37, a PEG ratio of 1.75 and a beta of 2.48. The business has a fifty day moving average of GBX 107.08 and a two-hundred day moving average of GBX 127.45.

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.

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