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The Rank Group (LON:RNK) Shares Pass Above 200 Day Moving Average - Time to Sell?

The Rank Group logo with Consumer Cyclical background

The Rank Group Plc (LON:RNK - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 93.05 ($1.27) and traded as high as GBX 130.80 ($1.79). The Rank Group shares last traded at GBX 130.40 ($1.78), with a volume of 438,678 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on RNK

The Rank Group Trading Up 0.5%

The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20. The stock has a market cap of £612.24 million, a P/E ratio of 49.59, a PEG ratio of 1.75 and a beta of 2.48. The firm's 50-day simple moving average is GBX 110.30 and its 200 day simple moving average is GBX 93.05.

About The Rank Group

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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