The Gym Group (LON:GYM) Shares Cross Below Fifty Day Moving Average – Should You Sell?

The Gym Group plc (LON:GYMGet Free Report)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 133.14 ($1.70) and traded as low as GBX 125 ($1.60). The Gym Group shares last traded at GBX 127 ($1.62), with a volume of 331,602 shares trading hands.

Wall Street Analyst Weigh In

GYM has been the topic of a number of research reports. Berenberg Bank restated a “buy” rating and set a GBX 195 ($2.49) price target on shares of The Gym Group in a research note on Monday, March 31st. Shore Capital reissued a “buy” rating on shares of The Gym Group in a research note on Tuesday, January 14th.

Get Our Latest Report on The Gym Group

The Gym Group Stock Up 1.3 %

The firm’s fifty day simple moving average is GBX 133.14 and its 200 day simple moving average is GBX 146.91. The company has a current ratio of 0.20, a quick ratio of 0.27 and a debt-to-equity ratio of 307.68. The company has a market cap of £227.66 million, a price-to-earnings ratio of -109.16, a PEG ratio of -12.95 and a beta of 1.75.

The Gym Group (LON:GYMGet Free Report) last issued its earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) EPS for the quarter. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%. Sell-side analysts predict that The Gym Group plc will post 0.2851177 earnings per share for the current year.

Insider Buying and Selling at The Gym Group

In related news, insider Richard Stables purchased 25,000 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were purchased at an average price of GBX 143 ($1.83) per share, for a total transaction of £35,750 ($45,681.06). 2.53% of the stock is currently owned by insiders.

About The Gym Group

(Get Free Report)

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.

Further Reading

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