The Gym Group (LON:GYM) Shares Up 0.4% - Should You Buy?

Key Points

• The Gym Group plc's shares increased by 0.4% during mid-day trading, reaching GBX 147 ($1.94), with a significant drop in trading volume of 86% compared to the average.
• Analysts, including Shore Capital and Berenberg Bank, have reaffirmed a "buy" rating for The Gym Group, with Berenberg setting a price target of GBX 195 ($2.58).
• The company has a market cap of £261.45 million, a negative price-to-earnings ratio of -125.36, and a debt-to-equity ratio of 307.68, indicating potential financial concerns.

The Gym Group plc (LON:GYM - Get Free Report) was up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 151.80 ($2.01) and last traded at GBX 147 ($1.94). Approximately 47,331 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 331,101 shares. The stock had previously closed at GBX 146.40 ($1.93).

Analyst Upgrades and Downgrades

A number of analysts have weighed in on GYM shares. Shore Capital reaffirmed a "buy" rating on shares of The Gym Group in a research report on Wednesday, July 9th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 195 ($2.58) price objective on shares of The Gym Group in a report on Thursday, July 10th.

The Gym Group Stock Up 0.4%

The stock has a market cap of £261.45 million, a price-to-earnings ratio of -125.36, a PEG ratio of -12.95 and a beta of 1.75. The company has a debt-to-equity ratio of 307.68, a quick ratio of 0.27 and a current ratio of 0.20. The firm's 50-day simple moving average is GBX 149.71 and its two-hundred day simple moving average is GBX 141.51.

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.

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