The Rank Group (LON:RNK) Sets New 1-Year High - Still a Buy?

Key Points

• The Rank Group Plc reached a new 52-week high of GBX 164.59 during trading, reflecting a significant increase from its previous close of GBX 156.60.
• Shore Capital has reaffirmed a "house stock" rating for The Rank Group, indicating continued confidence in the company's performance.
• The company's current market capitalization stands at £750.58 million, with notable financial metrics including a P/E ratio of 60.79.

The Rank Group Plc (LON:RNK - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 164.59 ($2.21) and last traded at GBX 160.60 ($2.16), with a volume of 801587 shares traded. The stock had previously closed at GBX 156.60 ($2.11).

Analyst Upgrades and Downgrades

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

The Rank Group Stock Performance

The firm has a market capitalization of £689.82 million, a PE ratio of 55.87, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. The company has a debt-to-equity ratio of 58.20, a current ratio of 0.47 and a quick ratio of 0.65. The stock has a 50-day moving average price of GBX 139.86 and a 200-day moving average price of GBX 107.21.

About The Rank Group

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.