The Gym Group (LON:GYM) Stock Price Up 0.6% – Time to Buy?

Shares of The Gym Group plc (LON:GYM) traded up 0.6% during mid-day trading on Friday . The company traded as high as GBX 159 and last traded at GBX 159. 116,019 shares changed hands during trading, a decline of 44% from the average session volume of 208,601 shares. The stock had previously closed at GBX 158.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 180 price objective on shares of The Gym Group in a research note on Thursday, October 16th. Berenberg Bank raised their target price on shares of The Gym Group from GBX 195 to GBX 200 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 195.

The Gym Group Price Performance

The company has a 50 day moving average of GBX 144.51 and a two-hundred day moving average of GBX 145.40. The firm has a market cap of £279.57 million, a P/E ratio of 38.78, a PEG ratio of -12.95 and a beta of 1.75. The company has a quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68.

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.