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

The Rank Group Plc (LON:RNKGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 97.44 and traded as low as GBX 95.30. The Rank Group shares last traded at GBX 96, with a volume of 277,960 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised The Rank Group to a “hold” rating and set a GBX 106 target price on the stock in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 153.

Read Our Latest Stock Analysis on RNK

The Rank Group Stock Performance

The firm has a market capitalization of £466.09 million, a price-to-earnings ratio of 12.13, a PEG ratio of 1.75 and a beta of 1.60. The company has a debt-to-equity ratio of 104.68, a current ratio of 0.45 and a quick ratio of 0.65. The firm has a 50 day moving average price of GBX 96.67 and a 200-day moving average price of GBX 97.44.

About The Rank Group

(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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