Insider Selling: The Rank Group (LON:RNK) Insider Sells 8,571 Shares of Stock

The Rank Group Plc (LON:RNKGet Free Report) insider Richard Harris sold 8,571 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of GBX 140, for a total transaction of £11,999.40.

The Rank Group Trading Up 3.4%

RNK stock traded up GBX 3.54 during trading on Wednesday, hitting GBX 107.94. 605,682 shares of the company traded hands, compared to its average volume of 820,529. The company has a 50-day moving average of GBX 98.54 and a 200-day moving average of GBX 96.04. The company has a debt-to-equity ratio of 60.83, a quick ratio of 0.65 and a current ratio of 0.49. The Rank Group Plc has a 1 year low of GBX 86 and a 1 year high of GBX 144.40. The firm has a market capitalization of £505.63 million, a PE ratio of 13.16, a P/E/G ratio of 1.75 and a beta of 1.58.

The Rank Group (LON:RNKGet Free Report) last posted its earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share for the quarter. The Rank Group had a net margin of 3.58% and a return on equity of 7.83%. Analysts predict that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on RNK. Peel Hunt restated a “buy” rating and set a GBX 175 price target on shares of The Rank Group in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of The Rank Group from GBX 111 to GBX 119 and gave the company a “hold” rating in a research report on Thursday, August 13th. Finally, Shore Capital Group reaffirmed a “house stock” rating on shares of The Rank Group in a report on Thursday, August 13th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, The Rank Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 147.

View Our Latest Stock Report on RNK

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.

Recommended Stories

Receive News & Ratings for The Rank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Rank Group and related companies with MarketBeat.com's FREE daily email newsletter.