Regis (NYSE:RGS) Share Price Passes Above 200 Day Moving Average of $8.97

Regis Co. (NYSE:RGS)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.97 and traded as high as $21.89. Regis shares last traded at $21.32, with a volume of 71,550 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Regis in a report on Thursday, July 4th. They set a “sell” rating on the stock.

Regis Stock Performance

The business has a fifty day simple moving average of $9.33 and a 200 day simple moving average of $8.97. The company has a market cap of $48.61 million, a P/E ratio of -10.82 and a beta of 2.49.

Regis (NYSE:RGS) last released its earnings results on Wednesday, May 1st. The company reported ($1.03) EPS for the quarter, topping analysts’ consensus estimates of ($1.28) by $0.25. The firm had revenue of $49.18 million for the quarter. During the same quarter in the previous year, the company posted ($1.00) earnings per share.

Regis Company Profile

Regis Corporation owns and franchises hair care salons in North America. The company operates through 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 sells various hair care and other beauty products.