Regis (NYSE:RGS - Get Free Report) announced its earnings results on Wednesday. The company reported $42.58 earnings per share (EPS) for the quarter, RTT News reports. Regis had a return on equity of 51.23% and a net margin of 50.00%.
Regis Stock Performance
RGS stock traded up $1.47 during midday trading on Wednesday, hitting $23.58. The company's stock had a trading volume of 59,080 shares, compared to its average volume of 16,214. The stock's 50-day moving average price is $21.10 and its 200 day moving average price is $20.29. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.67. Regis has a 1 year low of $15.00 and a 1 year high of $29.28. The stock has a market cap of $57.43 million, a price-to-earnings ratio of 0.60 and a beta of 1.68.
Institutional Trading of Regis
An institutional investor recently bought a new position in Regis stock. Kent Lake PR LLC bought a new stake in Regis Co. (NYSE:RGS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,489 shares of the company's stock, valued at approximately $412,000. Kent Lake PR LLC owned 0.76% of Regis at the end of the most recent reporting period. Institutional investors own 31.50% of the company's stock.
Regis Company Profile
(
Get Free Report)
Regis Corporation owns and franchises hair care salons primarily in North America. The company operates in two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sell various hair care and other beauty products.
Further Reading
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