Insider Buying: The Gym Group plc (LON:GYM) Insider Acquires 12,500 Shares of Stock

The Gym Group plc (LON:GYM) insider Elaine O’Donnell acquired 12,500 shares of The Gym Group stock in a transaction that occurred on Thursday, November 7th. The stock was bought at an average cost of GBX 161 ($2.10) per share, with a total value of £20,125 ($26,197.60).

The Gym Group Price Performance

LON:GYM opened at GBX 164 ($2.13) on Friday. 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 business’s 50-day moving average price is GBX 154.91 and its 200 day moving average price is GBX 136.82. The Gym Group plc has a 52-week low of GBX 97.10 ($1.26) and a 52-week high of GBX 164 ($2.13). The firm has a market cap of £291.72 million, a P/E ratio of -16,400.00, a PEG ratio of -12.95 and a beta of 1.75.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of The Gym Group from GBX 175 ($2.28) to GBX 185 ($2.41) and gave the stock a “buy” rating in a research report on Thursday, September 12th. Shore Capital reissued a “buy” rating on shares of The Gym Group in a report on Wednesday, September 11th.

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.