The Rank Group (LON:RNK) Hits New 52-Week High - Still a Buy?

Key Points

• The Rank Group Plc shares reached a new 52-week high during trading, peaking at GBX 166.20 ($2.22) before closing at GBX 154.80 ($2.07).
• Analysts at Shore Capital have reaffirmed a "house stock" rating for The Rank Group, suggesting positive sentiment in the market.
• The company has notable financial metrics, including a market cap of £724.41 million and a price-to-earnings ratio of 58.67.

The Rank Group Plc (LON:RNK - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 166.20 ($2.20) and last traded at GBX 154.80 ($2.04), with a volume of 422836 shares trading hands. The stock had previously closed at GBX 158.60 ($2.10).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of The Rank Group in a research report on Thursday, July 10th.

The Rank Group Trading Down 0.8%

The firm has a market cap of £726.28 million, a P/E ratio of 58.82, a PEG ratio of 1.75 and a beta of 2.48. The company has a 50 day moving average of GBX 136.11 and a 200 day moving average of GBX 103.87. The company has a debt-to-equity ratio of 58.20, a quick ratio of 0.65 and a current ratio of 0.47.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today's gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group's story is one of iconic brands and talented people with a mission to entertain.