The Gym Group (LON:GYM) Stock Price Crosses Below Fifty Day Moving Average of $117.39

The Gym Group plc (LON:GYM) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 117.39 ($1.48) and traded as low as GBX 111.68 ($1.41). The Gym Group shares last traded at GBX 116.60 ($1.47), with a volume of 54,993 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on The Gym Group from GBX 115 ($1.45) to GBX 121 ($1.53) and gave the stock a “hold” rating in a research note on Friday, April 5th.

The Gym Group Trading Down 1.0 %

The firm has a market cap of £206.19 million, a price-to-earnings ratio of -2,332.00, a PEG ratio of -12.95 and a beta of 1.61. The company has a 50-day moving average price of GBX 117.39 and a 200 day moving average price of GBX 112.41. The company has a quick ratio of 0.27, a current ratio of 0.18 and a debt-to-equity ratio of 311.02.

About The Gym Group

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.