The Gym Group (LON:GYM) Share Price Crosses Below 50-Day Moving Average - Should You Sell?

The Gym Group plc (LON:GYM - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 153.97 ($1.90) and traded as low as GBX 137.40 ($1.69). The Gym Group shares last traded at GBX 139 ($1.71), with a volume of 52,245 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "buy" rating on shares of The Gym Group in a research note on Tuesday, January 14th.

The Gym Group Stock Up 2.2 %

The company has a market capitalization of £252.59 million, a P/E ratio of -14,200.00, a PEG 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. The stock has a 50 day moving average price of GBX 153.97 and a 200 day moving average price of GBX 149.83.

Insiders Place Their Bets

In related news, insider Elaine O'Donnell acquired 12,500 shares of the company's stock in a transaction on Thursday, November 7th. The shares were acquired at an average cost of GBX 161 ($1.98) per share, for a total transaction of £20,125 ($24,811.98). Company insiders own 2.53% of the company's stock.

The Gym Group Company Profile

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.