The Gym Group (LON:GYM) Shares Cross Below 50 Day Moving Average - What's Next?

The Gym Group plc (LON:GYM - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 155.77 ($1.91) and traded as low as GBX 141.60 ($1.73). The Gym Group shares last traded at GBX 142 ($1.74), with a volume of 228,672 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of The Gym Group in a research report on Tuesday.

The Gym Group Price Performance

The company has a debt-to-equity ratio of 307.68, a current ratio of 0.20 and a quick ratio of 0.27. The firm has a market cap of £264.33 million, a P/E ratio of -14,860.00, a PEG ratio of -12.95 and a beta of 1.75. The company's 50-day moving average is GBX 155.77 and its two-hundred day moving average is GBX 148.77.

Insider Buying and Selling

In related news, insider Elaine O'Donnell bought 12,500 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was acquired at an average cost of GBX 161 ($1.97) per share, with a total value of £20,125 ($24,626.77). 2.53% of the stock is owned by corporate insiders.

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.