The Rank Group (LON:RNK) Stock Crosses Below 200-Day Moving Average – Time to Sell?

The Rank Group Plc (LON:RNK)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 96.61 and traded as low as GBX 94.90. The Rank Group shares last traded at GBX 94.90, with a volume of 1,601,835 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of The Rank Group to a “hold” rating and set a GBX 106 price target for the company in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 153.

The Rank Group Stock Performance

The business’s fifty day moving average is GBX 99.24 and its 200-day moving average is GBX 96.61. The stock has a market capitalization of £444.54 million, a PE ratio of 11.57, a P/E/G ratio of 1.75 and a beta of 1.60. The company has a quick ratio of 0.65, a current ratio of 0.45 and a debt-to-equity ratio of 61.99.

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.