Free Trial

Regis (NYSE:RGS) Shares Pass Above Two Hundred Day Moving Average - Here's Why

Regis logo with Retail/Wholesale background

Shares of Regis Co. (NYSE:RGS - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.28 and traded as high as $22.65. Regis shares last traded at $22.65, with a volume of 12,781 shares.

Regis Stock Up 3.2%

The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a fifty day simple moving average of $20.94 and a 200-day simple moving average of $21.28. The company has a market capitalization of $55.18 million, a PE ratio of 0.57 and a beta of 1.65.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Wealthfront Advisers LLC acquired a new position in shares of Regis in the 4th quarter worth approximately $923,998,000. Proficio Capital Partners LLC boosted its position in Regis by 101.1% during the 4th quarter. Proficio Capital Partners LLC now owns 32,936 shares of the company's stock valued at $781,000 after purchasing an additional 16,561 shares during the period. Sandia Investment Management LP boosted its position in Regis by 101.1% during the 4th quarter. Sandia Investment Management LP now owns 32,936 shares of the company's stock valued at $781,000 after purchasing an additional 16,561 shares during the period. Renaissance Technologies LLC boosted its position in Regis by 33.1% during the 4th quarter. Renaissance Technologies LLC now owns 18,646 shares of the company's stock valued at $442,000 after purchasing an additional 4,640 shares during the period. Finally, Aspire Growth Partners LLC acquired a new position in Regis during the 1st quarter valued at approximately $239,000. Institutional investors and hedge funds own 31.50% of the company's stock.

About Regis

(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

Should You Invest $1,000 in Regis Right Now?

Before you consider Regis, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Regis wasn't on the list.

While Regis currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines