Regis Co. (NYSE:RGS - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.08 and traded as high as $21.69. Regis shares last traded at $21.51, with a volume of 9,466 shares.
Regis Stock Performance
The stock has a market capitalization of $51.62 million, a PE ratio of 0.54 and a beta of 1.64. The business has a 50 day moving average price of $22.33 and a 200 day moving average price of $21.06. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.40 and a quick ratio of 0.40.
Hedge Funds Weigh In On Regis
Several institutional investors have recently added to or reduced their stakes in RGS. Sandia Investment Management LP lifted its stake 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 acquiring an additional 16,561 shares during the last quarter. Aspire Growth Partners LLC purchased a new position in Regis during the 1st quarter worth $239,000. Finally, Renaissance Technologies LLC lifted its position in 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 acquiring an additional 4,640 shares during the period. Hedge funds and other institutional investors own 31.50% of the company's stock.
About Regis
(
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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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