Regis (NYSE:RGS) Shares Pass Above 200 Day Moving Average of $12.99

Regis Co. (NYSE:RGS) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.99 and traded as high as $20.76. Regis shares last traded at $20.28, with a volume of 51,869 shares traded.

Analyst Ratings Changes

Separately, StockNews.com raised Regis from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th.

Regis Price Performance

The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 5.81. The business’s 50-day simple moving average is $23.46 and its two-hundred day simple moving average is $13.09. The firm has a market cap of $49.02 million, a price-to-earnings ratio of -10.91 and a beta of 2.46.

Regis (NYSE:RGS) last announced its earnings results on Wednesday, August 28th. The company reported $6.92 earnings per share for the quarter. The business had revenue of $49.38 million during the quarter. Regis had a net margin of 44.86% and a negative return on equity of 119.67%.

About Regis

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.