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The Rank Group (LON:RNK) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

The Rank Group logo with Consumer Cyclical background

Key Points

  • The Rank Group's stock price crossed above its 200-day moving average, reaching a trading high of GBX 140.80 ($1.90) before settling at GBX 134.80 ($1.82).
  • The company has a market cap of £631.44 million and a notably high PE ratio of 1,925.71, indicating potential pricing volatility.
  • Shore Capital has reissued a "house stock" rating for The Rank Group, reflecting continued analyst confidence in the company's stock.
  • MarketBeat previews top five stocks to own in October.

The Rank Group Plc (LON:RNK - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 112.36 ($1.50) and traded as high as GBX 140.80 ($1.89). The Rank Group shares last traded at GBX 134.80 ($1.81), with a volume of 346,500 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "house stock" rating on shares of The Rank Group in a research report on Thursday, August 14th.

Read Our Latest Report on RNK

The Rank Group Stock Up 2.3%

The firm's fifty day simple moving average is GBX 143.76 and its 200-day simple moving average is GBX 113.29. The company has a market cap of £622.08 million, a PE ratio of 1,897.14, a P/E/G 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 Rank Group (LON:RNK - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported GBX 9.10 earnings per share for the quarter. The Rank Group had a net margin of 1.67% and a return on equity of 3.65%. As a group, equities research analysts expect that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal year.

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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