The Rank Group (LON:RNK) Stock Price Up 7.7% – Should You Buy?

The Rank Group Plc (LON:RNKGet Free Report) rose 7.7% during trading on Wednesday . The company traded as high as GBX 100.40 and last traded at GBX 97.40. Approximately 5,720,391 shares changed hands during mid-day trading, an increase of 436% from the average daily volume of 1,066,294 shares. The stock had previously closed at GBX 90.40.

Analyst Upgrades and Downgrades

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

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The Rank Group Trading Down 0.5%

The company has a debt-to-equity ratio of 104.68, a quick ratio of 0.65 and a current ratio of 0.45. The company’s fifty day simple moving average is GBX 92.47 and its 200-day simple moving average is GBX 103.61. The company has a market capitalization of £503.13 million, a P/E ratio of 13.10, a PEG ratio of 1.75 and a beta of 1.62.

The Rank Group (LON:RNKGet Free Report) last issued its earnings results on Thursday, January 29th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. The Rank Group had a net margin of 4.20% and a return on equity of 9.03%. Research analysts predict that The Rank Group Plc will post 7.5021608 earnings per share for the current year.

Insider Transactions at The Rank Group

In other The Rank Group news, insider John H. Ott bought 19,691 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were bought at an average cost of GBX 90 per share, for a total transaction of £17,721.90. 0.51% of the stock is currently owned by insiders.

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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