The Rank Group (LON:RNK) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• The Rank Group Plc's stock price surpassed its 200-day moving average for the first time on Tuesday, trading as high as GBX 164.59 ($2.19) before settling at GBX 160.60 ($2.14).
• The company holds a market capitalization of £748.71 million and has a price-to-earnings ratio of 60.64, indicating high investor expectations for future growth.
• Shore Capital has reaffirmed a "house stock" rating for The Rank Group, signaling confidence in its potential despite recent trading fluctuations.

The Rank Group Plc (LON:RNK - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 105.31 ($1.42) and traded as high as GBX 164.59 ($2.21). The Rank Group shares last traded at GBX 160.60 ($2.16), with a volume of 801,587 shares.

Analyst Upgrades and Downgrades

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

The Rank Group Trading Down 4.8%

The company has a market cap of £689.82 million, a price-to-earnings ratio of 55.87, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20. The company's 50-day moving average is GBX 139.86 and its 200 day moving average is 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.