Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) on Friday, plunged -3.29% from the previous trading day, before settling in for the closing price of $5.17. Within the past 52 weeks, RRGB’s price has moved between $2.97 and $10.61.
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A company in the Consumer Cyclical sector has jumped its sales by 2.92% annually for the last half of the decade. The company achieved an average annual earnings per share of -99.58%. With a float of $15.23 million, this company’s outstanding shares have now reached $15.78 million.
In an organization with 22516 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 9.39%, operating margin of -1.92%, and the pretax margin is -4.06%.
Red Robin Gourmet Burgers Inc (RRGB) Insider and Institutional Ownership
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Red Robin Gourmet Burgers Inc is 12.45%, while institutional ownership is 44.85%. The most recent insider transaction that took place on Dec 03 ’24, was worth 4,154,356. In this transaction of this company bought 800,454 shares at a rate of $5.19, taking the stock ownership to the 1,614,906 shares. Before that another transaction happened on Dec 03 ’24, when Company’s 10% Owner bought 800,455 for $5.19, making the entire transaction worth $4,154,361. This insider now owns 1,084,104 shares in total.
Red Robin Gourmet Burgers Inc (RRGB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -99.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.66% 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
Red Robin Gourmet Burgers Inc (RRGB) is currently performing well based on its current performance indicators. A quick ratio of 0.29 was reported for the most recent quarter. 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 -3.28, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -1.76 in one year’s time.
Technical Analysis of Red Robin Gourmet Burgers Inc (RRGB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.33 million. That was better than the volume of 0.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.44%. Additionally, its Average True Range was 0.32.
During the past 100 days, Red Robin Gourmet Burgers Inc’s (RRGB) raw stochastic average was set at 38.46%, which indicates a significant increase from 5.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.63% in the past 14 days, which was lower than the 67.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.57, while its 200-day Moving Average is $5.76. However, in the short run, Red Robin Gourmet Burgers Inc’s stock first resistance to watch stands at $5.16. Second resistance stands at $5.31. The third major resistance level sits at $5.44. If the price goes on to break the first support level at $4.87, it is likely to go to the next support level at $4.75. The third support level lies at $4.59 if the price breaches the second support level.
Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) Key Stats
Market capitalization of the company is 86.95 million based on 17,392K outstanding shares. Right now, sales total 1,303 M and income totals -21,230 K. The company made 274,640 K in profit during its latest quarter, and -18,880 K in sales during its previous quarter.
