The Rank Group (LON:RNK) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Posted by Patrick Bannon on Nov 22nd, 2024

The Rank Group Plc (LON:RNK – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 79.62 ($1.00) and traded as high as GBX 87.60 ($1.10). The Rank Group shares last traded at GBX 87.60 ($1.10), with a volume of 79,338 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of The Rank Group in a report on Thursday, August 15th.

View Our Latest Research Report on The Rank Group

The Rank Group Stock Up 1.2 %

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 firm’s 50 day simple moving average is GBX 85.67 and its 200-day simple moving average is GBX 79.73. The stock has a market capitalization of £411.28 million, a price-to-earnings ratio of 2,920.00, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48.

The Rank Group Company Profile

(Get Free Report)

The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in Great Britain, Spain, and India. It operates through Grosvenor Venues, Mecca Venues, Digital, and Enracha Venues segments. The company offers a range of casino table games, including roulette, blackjack, baccarat, and poker, as well as electronic roulette and slots machine games; and community games, such as bingo, slot machine games, food and drink, and live entertainment.