The Gym Group (LON:GYM) Share Price Passes Above Fifty Day Moving Average of $145.62

The Gym Group plc (LON:GYM) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 145.62 ($1.95) and traded as high as GBX 160 ($2.14). The Gym Group shares last traded at GBX 157 ($2.10), with a volume of 191,317 shares.

Analyst Upgrades and Downgrades

GYM has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of The Gym Group from GBX 175 ($2.34) to GBX 185 ($2.48) and gave the company a “buy” rating in a report on Thursday, September 12th. Shore Capital reissued a “buy” rating on shares of The Gym Group in a research report on Wednesday, September 11th.

The Gym Group Stock Down 1.4 %

The stock’s 50-day moving average is GBX 145.62 and its 200-day moving average is GBX 127.72. The stock has a market cap of £279.26 million, a P/E ratio of -15,700.00, a price-to-earnings-growth ratio of -12.95 and a beta of 1.75. The company has a current ratio of 0.20, a quick ratio of 0.27 and a debt-to-equity ratio of 307.68.

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.