The Rank Group (LON:RNK) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

The Rank Group Plc (LON:RNK)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 84.21 ($1.09) and traded as high as GBX 85.25 ($1.11). The Rank Group shares last traded at GBX 83.60 ($1.08), with a volume of 158,959 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of The Rank Group in a research note on Thursday, January 30th.

The Rank Group Trading Down 0.7 %

The company has a debt-to-equity ratio of 58.20, a current ratio of 0.47 and a quick ratio of 0.65. The business’s 50 day simple moving average is GBX 84.10 and its 200 day simple moving average is GBX 84.21. The company has a market capitalization of £390.71 million, a price-to-earnings ratio of 31.65, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48.

The Rank Group (LON:RNK) last released its quarterly earnings data on Thursday, January 30th. The company reported GBX 4.80 ($0.06) earnings per share for the quarter. The Rank Group had a net margin of 1.67% and a return on equity of 3.65%. Research analysts anticipate that The Rank Group Plc will post 7.5021608 EPS for the current year.

About The Rank Group

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.