The Rank Group (LON:RNK) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

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.

Analysts Set New Price Targets

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

View Our Latest Report on The Rank Group

The Rank Group Stock Up 1.8%

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 firm’s 50-day simple moving average is GBX 96.77 and its 200 day simple moving average is GBX 97.44. The stock has a market capitalization of £457.66 million, a P/E ratio of 11.91, a PEG ratio of 1.75 and a beta of 1.60.

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.

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