Red Robin Gourmet Burgers Inc (RRGB) concluded trading on Thursday at a closing price of $5.50, with 2.26 million shares of worth about $12.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.73% during that period and on October 10, 2024 the price saw a gain of about 15.30%. Currently the company’s common shares owned by public are about 15.53M shares, out of which, 15.26M shares are available for trading.
Stock saw a price change of 20.88% in past 5 days and over the past one month there was a price change of 77.99%. Year-to-date (YTD), RRGB shares are showing a performance of -55.89% which decreased to -27.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.97 but also hit the highest price of $12.80 during that period. The average intraday trading volume for Red Robin Gourmet Burgers Inc shares is 581.98K. The stock is currently trading 26.95% above its 20-day simple moving average (SMA20), while that difference is up 26.81% for SMA50 and it goes to -22.57% lower than SMA200.
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Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) currently have 15.53M outstanding shares and institutions hold larger chunk of about 65.62% of that.
The stock has a current market capitalization of $86.62M and its 3Y-monthly beta is at 2.76. It has posted earnings per share of -$2.60 in the same period. It has Quick Ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RRGB, volatility over the week remained 9.46% while standing at 8.42% over the month.
Stock’s fiscal year EPS is expected to drop by -68.19% while it is estimated to increase by 48.06% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -22.07% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Lake Street on August 23, 2024 offering a Buy rating for the stock and assigned a target price range of between $17 and $16 to it. Coverage by Lake Street stated Red Robin Gourmet Burgers Inc (RRGB) stock as a Buy in their note to investors on April 30, 2024, suggesting a price target of $16 for the stock. On April 25, 2024, Craig Hallum Initiated their recommendations, while on March 01, 2023, The Benchmark Company Upgrade their ratings for the stock with a price target of $14. Stock get a Hold rating from Jefferies on December 21, 2022.
