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The Gym Group (LON:GYM) Shares Cross Below 50-Day Moving Average - Should You Sell?

The Gym Group logo with Consumer Cyclical background

Shares of The Gym Group plc (LON:GYM - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 156.64 ($1.97) and traded as low as GBX 144.74 ($1.82). The Gym Group shares last traded at GBX 153.80 ($1.94), with a volume of 33,021 shares traded.

Analysts Set New Price Targets

A number of research firms recently commented on GYM. Shore Capital reiterated a "buy" rating on shares of The Gym Group in a research report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft upped their price objective on The Gym Group from GBX 175 ($2.20) to GBX 185 ($2.33) and gave the stock a "buy" rating in a report on Thursday, September 12th.

Get Our Latest Stock Report on The Gym Group

The Gym Group Stock Down 1.3 %

The company's 50 day moving average is GBX 156.55 and its 200 day moving average is GBX 145.70. The company has a market cap of £270.02 million, a PE ratio of -15,180.00, a P/E/G ratio of -12.95 and a beta of 1.75. The company has a current ratio of 0.20, a quick ratio of 0.27 and a debt-to-equity ratio of 307.68.

Insider Transactions at The Gym Group

In other news, insider Elaine O'Donnell purchased 12,500 shares of the business's stock in a transaction dated Thursday, November 7th. The shares were purchased at an average price of GBX 161 ($2.03) per share, for a total transaction of £20,125 ($25,324.02). Corporate insiders own 2.53% of the company's stock.

About The Gym Group

(Get Free Report)

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.

Further Reading

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