The Rank Group (LON:RNK) Stock Passes Above 200 Day Moving Average of $72.68

Shares of The Rank Group Plc (LON:RNK) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 72.68 ($0.90) and traded as high as GBX 73.24 ($0.90). The Rank Group shares last traded at GBX 71 ($0.88), with a volume of 36,305 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of The Rank Group in a research report on Thursday, April 18th.

The Rank Group Price Performance

The company has a quick ratio of 0.65, a current ratio of 0.44 and a debt-to-equity ratio of 64.63. The company’s 50-day simple moving average is GBX 70.30 and its 200 day simple moving average is GBX 72.68. The company has a market capitalization of £344.45 million, a P/E ratio of -355.00, a P/E/G ratio of 1.75 and a beta of 2.46.

Insider Buying and Selling

In other news, insider Richard Harris acquired 43,859 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average cost of GBX 67 ($0.83) per share, with a total value of £29,385.53 ($36,296.36). 56.16% of the stock is owned by insiders.

About The Rank Group

The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in Great Britain, Spain, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and Enracha Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker, as well as electronic roulette and slots machine games; and community games, such as bingo, slot machine games, food and drink, and live entertainment.