The Gym Group (LON:GYM) Trading 0.6% Higher – Here’s Why

The Gym Group plc (LON:GYM)’s stock price was up 0.6% during trading on Friday . The stock traded as high as GBX 159 and last traded at GBX 159. Approximately 116,019 shares were traded during trading, a decline of 44% from the average daily volume of 208,601 shares. The stock had previously closed at GBX 158.

Wall Street Analyst Weigh In

A number of research analysts recently commented on GYM shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 180 target price on shares of The Gym Group in a research note on Thursday, October 16th. Berenberg Bank increased their price objective on The Gym Group from GBX 195 to GBX 200 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 195.

The Gym Group Stock Performance

The business has a 50-day simple moving average of GBX 144.51 and a 200 day simple moving average of GBX 145.44. The firm has a market cap of £279.57 million, a PE ratio of 38.78, a PEG ratio of -12.95 and a beta of 1.75. The company has a debt-to-equity ratio of 307.68, a current ratio of 0.20 and a quick ratio of 0.27.

The Gym Group Company Profile

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.