Shore Capital Reaffirms "Buy" Rating for The Gym Group (LON:GYM)

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

Separately, Berenberg Bank reiterated 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 1.4%

Shares of GYM traded down GBX 2.20 ($0.03) during midday trading on Wednesday, reaching GBX 155.80 ($2.12). 633,488 shares of the stock were exchanged, compared to its average volume of 262,839. The Gym Group has a 52 week low of GBX 119 ($1.62) and a 52 week high of GBX 174.21 ($2.37). 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 company's 50 day moving average is GBX 148.44 and its two-hundred day moving average is GBX 141.43. The company has a market capitalization of £277.10 million, a P/E ratio of -132.87, a PEG ratio of -12.95 and a beta of 1.75.

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 stock was purchased at an average cost of GBX 137 ($1.86) per share, for a total transaction of £30,140 ($40,973.36). 2.53% of the stock is currently owned by 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.