The Gym Group (LON:GYM) Earns "Buy" Rating from Shore Capital

Shore Capital reissued their buy rating on shares of The Gym Group (LON:GYM - Free Report) in a report issued on Wednesday morning, MarketBeat reports.

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 195 ($2.65) price target on shares of The Gym Group in a report on Monday, March 31st.

The Gym Group Stock Down 0.5%

Shares of LON:GYM traded down GBX 0.77 ($0.01) during trading on Wednesday, reaching GBX 155.23 ($2.11). The stock had a trading volume of 398,914 shares, compared to its average volume of 263,869. The Gym Group has a one year low of GBX 119 ($1.62) and a one year high of GBX 174.21 ($2.37). The company has a market capitalization of £276.08 million, a P/E ratio of -132.38, a PEG ratio of -12.95 and a beta of 1.75. The company has a current ratio of 0.20, a quick ratio of 0.27 and a debt-to-equity ratio of 307.68. The firm's 50-day simple moving average is GBX 148.77 and its 200 day simple moving average is GBX 141.57.

Insider Buying and Selling

In related news, insider Will Orr bought 14,385 shares of the stock in a transaction that occurred on Tuesday, April 29th. The stock was bought at an average cost of GBX 140 ($1.90) per share, for a total transaction of £20,139 ($27,359.05). 2.53% of the stock is owned by company insiders.

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.