StockNews.com initiated coverage on shares of Regis (NYSE:RGS – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock.
Regis Stock Down 4.2 %
Shares of NYSE RGS opened at $23.00 on Wednesday. Regis has a twelve month low of $3.87 and a twelve month high of $28.00. The stock has a market cap of $52.44 million, a price-to-earnings ratio of -11.68 and a beta of 1.81. The company’s fifty day moving average is $6.53 and its 200-day moving average is $8.09.
Regis (NYSE:RGS – Get Free Report) last posted its earnings results on Wednesday, May 1st. The company reported ($1.03) earnings per share for the quarter, topping the consensus estimate of ($1.28) by $0.25. The business had revenue of $49.18 million for the quarter. During the same quarter in the previous year, the company posted ($1.00) EPS.
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.
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