The Rank Group (LON:RNK) Shares Pass Above 200-Day Moving Average – Time to Sell?

The Rank Group Plc (LON:RNK) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 81.54 ($1.01) and traded as high as GBX 92.40 ($1.15). The Rank Group shares last traded at GBX 90.20 ($1.12), with a volume of 163,775 shares changing hands.

Analysts Set New Price Targets

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

The Rank Group Price Performance

The stock has a market capitalization of £426.27 million, a PE ratio of 3,033.33, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20. The firm has a 50 day moving average price of GBX 84.71 and a 200 day moving average price of GBX 81.79.

The Rank Group (LON:RNK) last announced its quarterly earnings data on Thursday, January 30th. The company reported GBX 4.80 ($0.06) earnings per share (EPS) for the quarter. The Rank Group had a net margin of 1.70% and a return on equity of 3.61%. Research analysts anticipate that The Rank Group Plc will post 7.5021608 earnings per share for the current 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.