Shares of 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 $21.45 and traded as high as $22.74. Regis shares last traded at $22.49, with a volume of 4,197 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Regis from a "sell" rating to a "hold" rating in a report on Friday, February 14th.
Get Our Latest Stock Analysis on RGS
Regis Trading Up 0.4%
The company has a market cap of $55.03 million, a price-to-earnings ratio of 0.57 and a beta of 1.65. The firm has a 50-day moving average price of $19.71 and a 200 day moving average price of $21.45. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.67.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC grew its position in shares of Regis by 33.1% during the fourth 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 last quarter. Aspire Growth Partners LLC bought a new position in Regis during the first quarter valued at about $239,000. Sandia Investment Management LP grew its stake in shares of Regis by 101.1% in the 4th quarter. Sandia Investment Management LP now owns 32,936 shares of the company's stock worth $781,000 after purchasing an additional 16,561 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Regis by 101.1% in the fourth quarter. Proficio Capital Partners LLC now owns 32,936 shares of the company's stock valued at $781,000 after buying an additional 16,561 shares in the last quarter. Finally, TCW Group Inc. lifted its holdings in shares of Regis by 12.9% during the fourth quarter. TCW Group Inc. now owns 394,382 shares of the company's stock valued at $9,355,000 after purchasing an additional 45,060 shares during the last quarter. 31.50% of the stock is owned by institutional investors and hedge funds.
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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