The Gym Group's (GYM) Buy Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of The Gym Group (LON:GYM - Free Report) in a research note issued to investors on Wednesday, MarketBeat reports.

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

The Gym Group Trading Down 0.5%

LON GYM traded down GBX 0.77 ($0.01) during trading hours on Wednesday, hitting GBX 155.23 ($2.11). 398,914 shares of the company's stock were exchanged, compared to its average volume of 263,869. The business's 50 day moving average is GBX 148.66 and its 200-day moving average is GBX 141.53. The Gym Group has a 12-month low of GBX 119 ($1.62) and a 12-month high of GBX 174.21 ($2.37). The firm has a market capitalization of £276.08 million, a P/E ratio of -132.38, a price-to-earnings-growth 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.

Insider Activity

In related news, insider Will Orr bought 14,385 shares of the stock in a transaction dated Tuesday, April 29th. The stock was acquired at an average price of GBX 140 ($1.90) per share, for a total transaction of £20,139 ($27,370.21). Company insiders own 2.53% of the company's stock.

About The Gym Group

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.