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

The Rank Group Plc (LON:RNK)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 109.95 and traded as low as GBX 90.80. The Rank Group shares last traded at GBX 92.40, with a volume of 300,690 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft cut shares of The Rank Group to a “hold” rating and cut their target price for the stock from GBX 163 to GBX 104 in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 152.

The Rank Group Stock Down 2.2%

The company has a market cap of £424.87 million, a PE ratio of 11.06, a P/E/G ratio of 1.75 and a beta of 1.76. The firm has a 50-day simple moving average of GBX 93.11 and a two-hundred day simple moving average of GBX 109.70. The company has a debt-to-equity ratio of 104.68, a current ratio of 0.45 and a quick ratio of 0.65.

The Rank Group (LON:RNK) last posted its quarterly earnings data on Thursday, January 29th. The company reported GBX 5.60 EPS for the quarter. The Rank Group had a return on equity of 9.03% and a net margin of 4.20%. Research analysts anticipate that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal year.

Insider Activity

In other news, insider John H. Ott purchased 19,691 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was acquired at an average cost of GBX 90 per share, for a total transaction of £17,721.90. 0.51% of the stock is owned by corporate insiders.

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.