Free Trial

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

The Rank Group logo with Consumer Cyclical background

Key Points

  • The Rank Group's share price has crossed above its 200-day moving average, reaching a high of GBX 138.60 ($1.88) during trading.
  • The company's market cap is approximately £647.37 million, with a P/E ratio of 1,454.74, reflecting a highly valued stock relative to its earnings.
  • Analysts forecast The Rank Group will achieve an average earnings per share (EPS) of 7.50 for the current fiscal year.
  • Five stocks to consider instead of The Rank Group.

The Rank Group Plc (LON:RNK - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 114.65 ($1.56) and traded as high as GBX 138.60 ($1.88). The Rank Group shares last traded at GBX 135.20 ($1.84), with a volume of 1,935,088 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on RNK

The Rank Group Stock Performance

The stock has a market cap of £647.37 million, a P/E ratio of 1,454.74, 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 business has a 50 day moving average price of GBX 144.19 and a two-hundred day moving average price of GBX 115.36.

The Rank Group (LON:RNK - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported GBX 9.10 earnings per share (EPS) for the quarter. The Rank Group had a net margin of 1.67% and a return on equity of 3.65%. On average, sell-side analysts forecast 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.

Featured Stories

Should You Invest $1,000 in The Rank Group Right Now?

Before you consider The Rank Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Rank Group wasn't on the list.

While The Rank Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.