Regis (NYSE:RGS) Raised to “Hold” at StockNews.com

StockNews.com upgraded shares of Regis (NYSE:RGSFree Report) from a sell rating to a hold rating in a report issued on Thursday.

Regis Trading Down 7.9 %

Shares of Regis stock opened at $21.00 on Thursday. The stock has a 50 day moving average of $23.32 and a 200 day moving average of $12.48. Regis has a 12 month low of $3.87 and a 12 month high of $35.50. The firm has a market cap of $47.88 million, a PE ratio of -10.66 and a beta of 2.49.

Regis (NYSE:RGSGet Free Report) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $6.92 earnings per share (EPS) for the quarter. The company had revenue of $49.38 million for the quarter.

About Regis

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Regis Corporation owns and franchises hair care salons in North America. The company operates through two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products.

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