The Rank Group (LON:RNK) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

The Rank Group Plc (LON:RNK - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 84.86 ($1.12) and traded as high as GBX 85.90 ($1.14). The Rank Group shares last traded at GBX 85 ($1.13), with a volume of 70,977 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of The Rank Group in a report on Thursday, April 10th.

The Rank Group Stock Up 0.4 %

The stock has a market capitalization of £395.39 million, a P/E ratio of 32.02, a P/E/G ratio of 1.75 and a beta of 2.48. 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 firm has a 50-day simple moving average of GBX 82.79 and a 200 day simple moving average of GBX 84.78.

The Rank Group (LON:RNK - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported GBX 4.80 ($0.06) EPS for the quarter. The Rank Group had a net margin of 1.67% and a return on equity of 3.65%. On average, equities research analysts forecast that The Rank Group Plc will post 7.5021608 EPS for the current year.

About The Rank Group

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today's gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group's story is one of iconic brands and talented people with a mission to entertain.