Regis Co. (NYSE:RGS - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.52 and traded as high as $30.12. Regis shares last traded at $29.89, with a volume of 4,455 shares changing hands.
Regis Trading Down 1.9%
The firm has a fifty day simple moving average of $26.34 and a two-hundred day simple moving average of $22.52. The firm has a market capitalization of $72.81 million, a P/E ratio of 0.76 and a beta of 1.77. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.40 and a quick ratio of 0.40.
Regis (NYSE:RGS - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $42.58 earnings per share (EPS) for the quarter. Regis had a net margin of 50.00% and a return on equity of 51.23%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Kent Lake PR LLC bought a new stake in shares of Regis in the second quarter worth about $412,000. Aspire Growth Partners LLC bought a new stake in shares of Regis in the 1st quarter worth approximately $239,000. Finally, Diametric Capital LP purchased a new position in shares of Regis during the second quarter valued at approximately $233,000. 31.50% of the stock is owned by hedge funds and other institutional investors.
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.
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