On Friday, Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) opened lower -6.98% from the last session, before settling in for the closing price of $6.45. Price fluctuations for RRGB have ranged from $6.11 to $16.50 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 1.99%. Company’s average yearly earnings per share was noted -0.23% at the time writing. With a float of $14.57 million, this company’s outstanding shares have now reached $15.53 million.
The extent of productivity of a business whose workforce counts for 22516 workers is very important to gauge.
Red Robin Gourmet Burgers Inc (RRGB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Red Robin Gourmet Burgers Inc is 6.27%, while institutional ownership is 76.01%. The most recent insider transaction that took place on Oct 04 ’23, was worth 45,420. In this transaction 10% Owner of this company bought 6,000 shares at a rate of $7.57, taking the stock ownership to the 1,870,692 shares. Before that another transaction happened on Oct 03 ’23, when Company’s 10% Owner bought 50,000 for $7.43, making the entire transaction worth $371,500. This insider now owns 1,864,692 shares in total.
Red Robin Gourmet Burgers Inc (RRGB) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -$0.66 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.46) by -$0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -22.07% drop over the previous five years of trading.
Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) Trading Performance Indicators
Check out the current performance indicators for Red Robin Gourmet Burgers Inc (RRGB). In the past quarter, the stock posted a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Red Robin Gourmet Burgers Inc (RRGB)
The latest stats from [Red Robin Gourmet Burgers Inc, RRGB] show that its last 5-days average volume of 0.49 million was superior to 0.32 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.15%. Additionally, its Average True Range was 0.45.
During the past 100 days, Red Robin Gourmet Burgers Inc’s (RRGB) raw stochastic average was set at 2.72%, which indicates a significant decrease from 9.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.70% in the past 14 days, which was higher than the 58.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.98, while its 200-day Moving Average is $10.04. Now, the first resistance to watch is $6.30. This is followed by the second major resistance level at $6.59. The third major resistance level sits at $6.84. If the price goes on to break the first support level at $5.76, it is likely to go to the next support level at $5.51. The third support level lies at $5.22 if the price breaches the second support level.
Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) Key Stats
There are currently 15,604K shares outstanding in the company with a market cap of 93.24 million. Presently, the company’s annual sales total 1,303 M according to its annual income of -21,230 K. Last quarter, the company’s sales amounted to 308,870 K and its income totaled -13,890 K.
