The Rank Group (LON:RNK) Share Price Crosses Below 200 Day Moving Average – Here’s Why

The Rank Group Plc (LON:RNKGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 100.10 and traded as low as GBX 97.80. The Rank Group shares last traded at GBX 99.13, with a volume of 254,071 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded The Rank Group to a “hold” rating and set a GBX 106 price target on the stock in a research report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 153.

Check Out Our Latest Report on The Rank Group

The Rank Group Trading Up 0.2%

The company has a debt-to-equity ratio of 104.68, a current ratio of 0.45 and a quick ratio of 0.65. The company has a market cap of £464.34 million, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 1.75 and a beta of 1.60. The business has a 50 day simple moving average of GBX 94.93 and a 200 day simple moving average of GBX 100.10.

About The Rank Group

(Get Free Report)

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today’s gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group’s story is one of iconic brands and talented people with a mission to entertain.

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