The Rank Group (LON:RNK) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Price fell below its 200‑day moving average: RNK traded as low as GBX 92.60 and last at GBX 92.90 on ~2.69M shares, under the 200‑day MA of GBX 108.33.
• Analyst downgrade and mixed coverage: Deutsche Bank cut RNK to a Hold and lowered its target from GBX 163 to GBX 104, while overall coverage is thin (one Buy, one Hold) and the MarketBeat consensus labels it a "Moderate Buy" with a GBX 152 target.
• Insider buying noted: Director John H. Ott purchased 19,691 shares at GBX 90, a small insider stake representing 0.51% ownership among insiders.

The Rank Group Plc (LON:RNK - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 108.33 and traded as low as GBX 92.60. The Rank Group shares last traded at GBX 92.90, with a volume of 2,685,885 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft downgraded The Rank Group to a "hold" rating and decreased their target price for the stock from GBX 163 to GBX 104 in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 152.

The Rank Group Stock Performance

The firm has a market cap of £435.17 million, a price-to-earnings ratio of 11.33, a PEG ratio of 1.75 and a beta of 1.76. The company has a quick ratio of 0.65, a current ratio of 0.45 and a debt-to-equity ratio of 104.68. The company has a 50 day moving average of GBX 92.60 and a 200 day moving average of GBX 108.33.

The Rank Group (LON:RNK - Get Free Report) last announced its earnings results on Thursday, January 29th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 9.03% and a net margin of 4.20%. As a group, equities research analysts expect that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.

Insider Buying and Selling at The Rank Group

In related news, insider John H. Ott purchased 19,691 shares of The Rank Group stock in a transaction dated Tuesday, February 3rd. The shares were acquired at an average price of GBX 90 per share, with a total value of £17,721.90. Insiders own 0.51% of the company's stock.

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.

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