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

The Rank Group Plc (LON:RNK)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 84.69 ($1.13) and traded as high as GBX 92.90 ($1.24). The Rank Group shares last traded at GBX 89 ($1.19), with a volume of 2,094,387 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Rank Group in a report on Thursday, April 10th.

The Rank Group Stock Up 0.3 %

The company has a market capitalization of £417.12 million, a price-to-earnings ratio of 33.78, a P/E/G ratio of 1.75 and a beta of 2.48. The business has a fifty day simple moving average of GBX 82.85 and a two-hundred day simple moving average of GBX 84.69. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20.

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.