The Rank Group Plc (LON:RNK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 76.11 ($1.00) and traded as high as GBX 87.10 ($1.14). The Rank Group shares last traded at GBX 85.60 ($1.12), with a volume of 85,611 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of The Rank Group in a report on Thursday, August 15th.
Read Our Latest Stock Report on The Rank Group
The Rank Group Trading Down 0.2 %
The firm's 50-day simple moving average is GBX 77.36 and its 200-day simple moving average is GBX 76.17. The firm has a market capitalization of £400.04 million, a PE ratio of 2,846.67, a price-to-earnings-growth ratio of 1.75 and a beta of 2.47. 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 Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be issued a GBX 0.85 ($0.01) dividend. This represents a yield of 1.21%. The ex-dividend date is Thursday, September 19th. The Rank Group's dividend payout ratio is currently 3,333.33%.
Insider Activity
In other news, insider Richard Harris purchased 30,000 shares of the business's stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of GBX 76 ($0.99) per share, for a total transaction of £22,800 ($29,839.03). Insiders own 60.53% of the company's stock.
About The Rank Group
(
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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.
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