The Gym Group plc (LON:GYM - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 175.48 and traded as high as GBX 180. The Gym Group shares last traded at GBX 177, with a volume of 112,283 shares.
Wall Street Analysts Forecast Growth
GYM has been the subject of a number of research reports. Berenberg Bank increased their price objective on The Gym Group from GBX 230 to GBX 235 and gave the stock a "buy" rating in a report on Tuesday, March 24th. Royal Bank Of Canada upgraded The Gym Group to an "outperform" rating and increased their price objective for the stock from GBX 155 to GBX 200 in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price objective on The Gym Group from GBX 210 to GBX 230 and gave the stock a "buy" rating in a report on Thursday, March 12th. Finally, Shore Capital Group reiterated a "buy" rating on shares of The Gym Group in a report on Thursday, March 19th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of GBX 209.
View Our Latest Stock Report on GYM
The Gym Group Stock Performance
The stock has a market capitalization of £305.82 million, a PE ratio of 43.90, a PEG ratio of -12.95 and a beta of 0.88. The business has a 50 day moving average price of GBX 175.48 and a 200 day moving average price of GBX 159.85. The company has a debt-to-equity ratio of 289.13, a current ratio of 0.15 and a quick ratio of 0.27.
The Gym Group (LON:GYM - Get Free Report) last released its earnings results on Wednesday, March 11th. The company reported GBX 5.60 EPS for the quarter. The Gym Group had a return on equity of 5.35% and a net margin of 3.02%. As a group, equities research analysts expect that The Gym Group plc will post 0.2851177 earnings per share for the current year.
The Gym Group announced that its board has approved a share repurchase program on Thursday, January 15th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.
About The Gym Group
(
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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.
Further Reading
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