The Rank Group (LON:RNK) Stock Passes Above 200 Day Moving Average – Here’s What Happened

The Rank Group Plc (LON:RNK) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 79.62 ($1.01) and traded as high as GBX 87.60 ($1.11). The Rank Group shares last traded at GBX 87.60 ($1.11), with a volume of 79,338 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Rank Group in a report on Thursday, August 15th.

The Rank Group Price Performance

The stock has a market capitalization of £410.34 million, a price-to-earnings ratio of 2,920.00, a PEG ratio of 1.75 and a beta of 2.48. The company has a debt-to-equity ratio of 58.20, a quick ratio of 0.65 and a current ratio of 0.47. The company has a fifty day simple moving average of GBX 85.37 and a two-hundred day simple moving average of GBX 79.62.

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.