The Rank Group’s (RNK) Buy Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of The Rank Group (LON:RNK) in a research note issued to investors on Thursday, Marketbeat.com reports.

The Rank Group Trading Up 4.5 %

LON:RNK opened at GBX 74.19 ($0.92) on Thursday. The stock’s 50 day moving average price is GBX 70.59 and its 200 day moving average price is GBX 73.03. The Rank Group has a 52 week low of GBX 60.40 ($0.75) and a 52 week high of GBX 107.60 ($1.34). The company has a market capitalization of £347.53 million, a P/E ratio of -364.15, a P/E/G ratio of 1.75 and a beta of 2.46. The company has a debt-to-equity ratio of 64.63, a quick ratio of 0.65 and a current ratio of 0.44.

Insider Buying and Selling

In other news, insider Richard Harris acquired 43,859 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average price of GBX 67 ($0.83) per share, for a total transaction of £29,385.53 ($36,581.02). 56.16% of the stock is currently owned by corporate insiders.

The Rank Group Company Profile

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.