The Rank Group Plc (LON:RNK - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 79.05 ($1.02) and traded as high as GBX 88.49 ($1.14). The Rank Group shares last traded at GBX 87.40 ($1.12), with a volume of 194,993 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of The Rank Group in a report on Thursday, August 15th.
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The Rank Group Stock Performance
The company has a market capitalization of £412.22 million, a PE ratio of 2,933.33, a PEG ratio of 1.75 and a beta of 2.48. The firm has a 50-day moving average of GBX 84.47 and a two-hundred day moving average of GBX 79.11. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20.
The Rank Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 19th were paid a GBX 0.85 ($0.01) dividend. This represents a dividend yield of 1.21%. The ex-dividend date was Thursday, September 19th. The Rank Group's dividend payout ratio is currently 3,333.33%.
Insider Activity at The Rank Group
In other The Rank Group news, insider Richard Harris acquired 30,000 shares of the business's stock in a transaction dated Friday, August 16th. The stock was acquired at an average cost of GBX 76 ($0.98) per share, for a total transaction of £22,800 ($29,339.85). 60.53% of the stock is owned by company insiders.
About The Rank Group
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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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