The Rank Group (LON:RNK) Share Price Passes Above 200-Day Moving Average – Time to Sell?

The Rank Group Plc (LON:RNK)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 84.82 ($1.10) and traded as high as GBX 87.49 ($1.13). The Rank Group shares last traded at GBX 83.40 ($1.08), with a volume of 55,727 shares changing hands.

Wall Street Analyst Weigh In

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

The Rank Group Price Performance

The company has a market capitalization of £389.78 million, a PE ratio of 31.57, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. 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 stock’s 50 day simple moving average is GBX 84.74 and its 200-day simple moving average is GBX 84.82.

The Rank Group (LON:RNK) last announced its earnings results 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%. As a group, equities analysts forecast that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal 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.