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

Shore Capital reissued 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 reaffirmed a "buy" rating and issued a GBX 195 ($2.63) target price on shares of The Gym Group in a research report on Monday, March 31st.

The Gym Group Stock Down 1.1%

Shares of GYM traded down GBX 1.67 ($0.02) during trading on Wednesday, reaching GBX 153.33 ($2.07). The company's stock had a trading volume of 1,107,686 shares, compared to its average volume of 270,214. The company has a fifty day moving average of GBX 148.79 and a two-hundred day moving average of GBX 141.48. The Gym Group has a twelve month low of GBX 119 ($1.61) and a twelve month high of GBX 174.21 ($2.35). The company has a market cap of £272.71 million, a price-to-earnings ratio of -130.76, a P/E/G ratio of -12.95 and a beta of 1.75. The company has a quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68.

Insider Buying and Selling at The Gym Group

In other news, insider Will Orr purchased 14,385 shares of the stock in a transaction dated Tuesday, April 29th. The stock was acquired at an average cost of GBX 140 ($1.89) per share, for a total transaction of £20,139 ($27,167.14). 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.