Better Times Ahead For Red Robin Gourmet Burgers Inc (NASDAQ: RRGB)?

Red Robin Gourmet Burgers Inc (RRGB) concluded trading on Thursday at a closing price of $6.08, with 3.91 million shares of worth about $23.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 51.62% during that period and on February 27, 2025 the price saw a gain of about 34.51%. Currently the company’s common shares owned by public are about 15.78M shares, out of which, 15.23M shares are available for trading.

Stock saw a price change of 25.88% in past 5 days and over the past one month there was a price change of -3.18%. Year-to-date (YTD), RRGB shares are showing a performance of 10.75% which decreased to -32.14% 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 $9.20 during that period. The average intraday trading volume for Red Robin Gourmet Burgers Inc shares is 289.04K. The stock is currently trading 14.52% above its 20-day simple moving average (SMA20), while that difference is up 11.10% for SMA50 and it goes to 7.55% higher than SMA200.

Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) currently have 15.78M outstanding shares and institutions hold larger chunk of about 43.92% of that.

The stock has a current market capitalization of $105.74M and its 3Y-monthly beta is at 2.74. It has posted earnings per share of -$3.28 in the same period. It has Quick Ratio of 0.29. 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 8.09% while standing at 6.18% over the month.

Stock’s fiscal year EPS is expected to rise by 49.70% while it is estimated to increase by 47.62% in next year.

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 CL King on Feb-28-25 offering a Buy rating for the stock and assigned a target price of $10 to it. Coverage by Lake Street stated Red Robin Gourmet Burgers Inc (RRGB) stock as a Buy in their note to investors on August 23, 2024, suggesting a price target of $16 for the stock. On April 30, 2024, Lake Street Initiated their recommendations, while on April 25, 2024, Craig Hallum Initiated their ratings for the stock with a price target of $20. Stock get a Buy rating from The Benchmark Company on March 01, 2023.

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