Posted by admin on Aug 20th, 2022
The Gym Group plc (LON:GYM – Get Rating)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 183.55 ($2.22) and traded as low as GBX 162.23 ($1.96). The Gym Group shares last traded at GBX 162.80 ($1.97), with a volume of 254,020 shares traded.
A number of analysts have recently weighed in on GYM shares. Barclays cut their price objective on The Gym Group from GBX 320 ($3.87) to GBX 290 ($3.50) and set an “overweight” rating on the stock in a research report on Tuesday, May 31st. Berenberg Bank cut their price objective on The Gym Group from GBX 290 ($3.50) to GBX 180 ($2.17) and set a “hold” rating on the stock in a research report on Friday, August 12th.
The stock has a market cap of £289.71 million and a PE ratio of -7.86. The firm has a fifty day moving average of GBX 183.55 and a 200 day moving average of GBX 197.21. The company has a quick ratio of 0.27, a current ratio of 0.28 and a debt-to-equity ratio of 272.65.
The Gym Group plc operates a chain of health and fitness facilities in the United Kingdom. As of December 31, 2021, it operated 202 gym sites under The Gym Group brand. The company was founded in 2007 and is based in Croydon, the United Kingdom.
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