The Gym Group (LON:GYM) Stock Passes Above 50-Day Moving Average of $127.80

The Gym Group plc (LON:GYM)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 127.80 ($1.63) and traded as high as GBX 147 ($1.88). The Gym Group shares last traded at GBX 146.20 ($1.87), with a volume of 182,020 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of The Gym Group in a research note on Wednesday, July 17th.

The Gym Group Stock Performance

The firm has a market cap of £261.24 million, a PE ratio of -2,924.00, a price-to-earnings-growth ratio of -12.95 and a beta of 1.75. The business has a 50 day simple moving average of GBX 127.80 and a two-hundred day simple moving average of GBX 118.23. The company has a quick ratio of 0.27, a current ratio of 0.18 and a debt-to-equity ratio of 311.02.

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.