The Rank Group Plc (LON:RNK - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 77.65 ($1.01) and traded as high as GBX 84.80 ($1.10). The Rank Group shares last traded at GBX 83.60 ($1.09), with a volume of 96,886 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of The Rank Group in a research note on Thursday, August 15th.
Read Our Latest Report on The Rank Group
The Rank Group Price Performance
The company has a market cap of £391.61 million, a PE ratio of 2,786.67, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. The business has a 50 day moving average of GBX 81.53 and a 200 day moving average of GBX 77.71. The company has a debt-to-equity ratio of 58.20, a current ratio of 0.47 and a quick ratio of 0.65.
The Rank Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 19th were given a GBX 0.85 ($0.01) dividend. This represents a dividend yield of 1.21%. The ex-dividend date of this dividend was Thursday, September 19th. The Rank Group's dividend payout ratio is currently 3,333.33%.
Insider Buying and Selling
In other The Rank Group news, insider Richard Harris purchased 30,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was bought at an average cost of GBX 76 ($0.99) per share, with a total value of £22,800 ($29,602.70). 60.53% of the stock is owned by insiders.
The Rank Group Company Profile
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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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