Regis Co. (NYSE:RGS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.36 and traded as high as $22.94. Regis shares last traded at $22.32, with a volume of 5,449 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Regis from a "sell" rating to a "hold" rating in a report on Friday, February 14th.
View Our Latest Analysis on RGS
Regis Stock Down 2.6%
The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.67. The company has a fifty day moving average price of $19.26 and a 200-day moving average price of $21.37. The stock has a market capitalization of $53.96 million, a P/E ratio of 0.56 and a beta of 1.57.
Institutional Investors Weigh In On Regis
A number of institutional investors have recently modified their holdings of RGS. Aspire Growth Partners LLC purchased a new position in Regis in the 1st quarter valued at about $239,000. Renaissance Technologies LLC increased its holdings in shares of Regis by 33.1% during the 4th quarter. Renaissance Technologies LLC now owns 18,646 shares of the company's stock worth $442,000 after buying an additional 4,640 shares during the last quarter. Sandia Investment Management LP increased its holdings in shares of Regis by 101.1% during the 4th quarter. Sandia Investment Management LP now owns 32,936 shares of the company's stock worth $781,000 after buying an additional 16,561 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Regis by 101.1% during the 4th quarter. Proficio Capital Partners LLC now owns 32,936 shares of the company's stock worth $781,000 after buying an additional 16,561 shares during the last quarter. Finally, TCW Group Inc. increased its holdings in shares of Regis by 12.9% during the 4th quarter. TCW Group Inc. now owns 394,382 shares of the company's stock worth $9,355,000 after buying an additional 45,060 shares during the last quarter. 31.50% of the stock is currently owned by institutional investors and hedge funds.
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.
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