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

Shore Capital reaffirmed their buy rating on shares of The Gym Group (LON:GYM - Free Report) in a research note released on Wednesday morning, Marketbeat.com 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 research note on Monday, March 31st.

The Gym Group Stock Down 1.1%

Shares of LON:GYM traded down GBX 1.67 ($0.02) during trading on Wednesday, hitting GBX 153.33 ($2.08). The company's stock had a trading volume of 1,107,686 shares, compared to its average volume of 270,214. The business has a 50 day moving average price of GBX 148.77 and a two-hundred day moving average price of GBX 141.57. The company has a market capitalization of £272.71 million, a PE ratio of -130.76, a P/E/G 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 Gym Group has a fifty-two week low of GBX 119 ($1.62) and a fifty-two week high of GBX 174.21 ($2.37).

Insider Activity

In other news, insider Will Orr acquired 22,000 shares of The Gym Group stock in a transaction dated Wednesday, April 16th. The shares were acquired at an average cost of GBX 137 ($1.86) per share, for a total transaction of £30,140 ($40,945.52). Insiders own 2.53% of the company's stock.

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.