Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) kicked off on Monday, up 3.31% from the previous trading day, before settling in for the closing price of $4.84. Over the past 52 weeks, RRGB has traded in a range of $4.50-$12.80.
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Annual sales at Consumer Cyclical sector company grew by 1.99% over the past five years. While this was happening, its average annual earnings per share was recorded -15.14%. With a float of $15.19 million, this company’s outstanding shares have now reached $15.53 million.
Let’s look at the performance matrix of the company that is accounted for 22516 employees. In terms of profitability, gross margin is 19.11%, operating margin of -0.13%, and the pretax margin is -2.12%.
Red Robin Gourmet Burgers Inc (RRGB) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Red Robin Gourmet Burgers Inc is 3.18%, while institutional ownership is 69.09%. The most recent insider transaction that took place on May 16 ’24, was worth 1,005,794. In this transaction 10% Owner of this company sold 141,905 shares at a rate of $7.09, taking the stock ownership to the 1,651,787 shares. Before that another transaction happened on May 17 ’24, when Company’s 10% Owner sold 100,200 for $6.85, making the entire transaction worth $686,495. This insider now owns 1,551,587 shares in total.
Red Robin Gourmet Burgers Inc (RRGB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -15.14% 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
Take a look at Red Robin Gourmet Burgers Inc’s (RRGB) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.75, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -0.77 in one year’s time.
Technical Analysis of Red Robin Gourmet Burgers Inc (RRGB)
Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) saw its 5-day average volume 0.45 million, a positive change from its year-to-date volume of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 30.24%. Additionally, its Average True Range was 0.36.
During the past 100 days, Red Robin Gourmet Burgers Inc’s (RRGB) raw stochastic average was set at 10.64%, which indicates a significant decrease from 35.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.91% in the past 14 days, which was higher than the 62.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.39, while its 200-day Moving Average is $8.20. Nevertheless, the first resistance level for the watch stands at $5.07 in the near term. At $5.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.28. If the price goes on to break the first support level at $4.86, it is likely to go to the next support level at $4.72. Assuming the price breaks the second support level, the third support level stands at $4.65.
Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) Key Stats
The company with the Market Capitalisation of 78.40 million has total of 15,684K Shares Outstanding. Its annual sales at the moment are 1,303 M in contrast with the sum of -21,230 K annual income. Company’s last quarter sales were recorded 388,540 K and last quarter income was -9,460 K.
