The Rank Group’s (RNK) Buy Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of The Rank Group (LON:RNK) in a research report report published on Thursday, MarketBeat Ratings reports.

The Rank Group Trading Up 4.2 %

LON:RNK opened at GBX 74 ($0.92) on Thursday. The company has a 50 day simple moving average of GBX 70.56 and a two-hundred day simple moving average of GBX 72.85. The company has a market cap of £346.64 million, a PE ratio of -370.00, a price-to-earnings-growth ratio of 1.75 and a beta of 2.46. The Rank Group has a 12 month low of GBX 60.40 ($0.75) and a 12 month high of GBX 107.60 ($1.34). The company has a current ratio of 0.44, a quick ratio of 0.65 and a debt-to-equity ratio of 64.63.

Insider Activity at The Rank Group

In other news, insider Richard Harris bought 43,859 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were bought at an average price of GBX 67 ($0.83) per share, for a total transaction of £29,385.53 ($36,581.02). 56.16% of the stock is owned by corporate insiders.

The Rank Group Company Profile

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.