The Gym Group’s (GYM) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of The Gym Group (LON:GYM) in a research report released on Monday, Marketbeat reports. They currently have a GBX 195 ($2.53) price objective on the stock.

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Gym Group in a research report on Tuesday, January 14th.

The Gym Group Stock Performance

GYM opened at GBX 132.40 ($1.72) on Monday. The company has a quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68. The stock’s 50 day moving average price is GBX 134.47 and its two-hundred day moving average price is GBX 147.97. The firm has a market capitalization of £235.48 million, a P/E ratio of -112.91, a price-to-earnings-growth ratio of -12.95 and a beta of 1.75. The Gym Group has a 12-month low of GBX 107.20 ($1.39) and a 12-month high of GBX 174.21 ($2.26).

The Gym Group (LON:GYM) last announced its quarterly earnings data on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%. On average, equities analysts forecast that The Gym Group will post 0.2851177 earnings per share for the current year.

Insider Activity at The Gym Group

In other The Gym Group news, insider Richard Stables bought 25,000 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were acquired at an average price of GBX 143 ($1.86) per share, with a total value of £35,750 ($46,422.54). 2.53% of the stock is currently owned by corporate insiders.

The Gym Group Company Profile

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.