The Rank Group (LON:RNK) Share Price Crosses Above Two Hundred Day Moving Average of $72.85

The Rank Group Plc (LON:RNK) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 72.85 ($0.92) and traded as high as GBX 89.20 ($1.12). The Rank Group shares last traded at GBX 87.60 ($1.10), with a volume of 72,761 shares.

Wall Street Analyst Weigh In

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

The Rank Group Stock Performance

The stock has a market capitalization of £410.34 million, a P/E ratio of -438.00, a P/E/G ratio of 1.75 and a beta of 2.46. 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 business has a fifty day moving average price of GBX 71.43 and a 200-day moving average price of GBX 72.83.

Insider Activity

In other The Rank Group news, insider Richard Harris purchased 43,859 shares of the stock in a transaction dated Wednesday, March 20th. The shares were purchased at an average cost of GBX 67 ($0.84) per share, with a total value of £29,385.53 ($36,911.86). Corporate insiders own 56.16% of the company’s stock.

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.