The Gym Group (LON:GYM) Share Price Passes Below 50 Day Moving Average – What’s Next?

The Gym Group plc (LON:GYM)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 153.97 ($1.90) and traded as low as GBX 137.40 ($1.69). The Gym Group shares last traded at GBX 139 ($1.71), with a volume of 52,245 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Gym Group in a report on Tuesday, January 14th.

The Gym Group Stock Down 0.5 %

The company has a debt-to-equity ratio of 307.68, a current ratio of 0.20 and a quick ratio of 0.27. The stock has a market capitalization of £246.01 million, a P/E ratio of -13,830.30, a PEG ratio of -12.95 and a beta of 1.75. The stock’s fifty day moving average is GBX 153.97 and its two-hundred day moving average is GBX 149.83.

Insider Transactions at The Gym Group

In other news, insider Elaine O’Donnell acquired 12,500 shares of The Gym Group stock in a transaction on Thursday, November 7th. The stock was bought at an average cost of GBX 161 ($1.98) per share, with a total value of £20,125 ($24,811.98). Corporate insiders own 2.53% of the company’s stock.

About The Gym Group

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.