The Rank Group (LON:RNK) Insider Richard Harris Sells 192,215 Shares of Company Stock

The Rank Group Plc (LON:RNK) insider Richard Harris sold 192,215 shares of the company’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of GBX 75, for a total value of £144,161.25.

The Rank Group Price Performance

Shares of RNK traded up GBX 1.08 during midday trading on Wednesday, hitting GBX 76.38. 346,536 shares of the company traded hands, compared to its average volume of 952,406. The company has a debt-to-equity ratio of 60.83, a current ratio of 0.49 and a quick ratio of 0.65. The firm has a market cap of £355.66 million, a P/E ratio of 12.12, a PEG ratio of 1.75 and a beta of 1.58. The stock has a 50-day moving average of GBX 96.11 and a 200-day moving average of GBX 96.39. The Rank Group Plc has a one year low of GBX 73.71 and a one year high of GBX 142.

The Rank Group (LON:RNK) last released its earnings results on Thursday, August 13th. The company reported GBX 10.50 EPS for the quarter. The Rank Group had a net margin of 3.58% and a return on equity of 7.83%. As a group, sell-side analysts predict that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on RNK. Peel Hunt restated a “buy” rating and issued a GBX 175 price objective on shares of The Rank Group in a research note on Monday, July 13th. Shore Capital Group reiterated a “house stock” rating on shares of The Rank Group in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on The Rank Group from GBX 111 to GBX 119 and gave the stock a “hold” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, The Rank Group presently has an average rating of “Moderate Buy” and an average target price of GBX 147.

The Rank Group Company Profile

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.