Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) is -58.30% lower on its value in year-to-date trading and has touched a low of $2.97 and a high of $12.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RRGB stock was last observed hovering at around $6.12 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $5.20, the stock is -12.13% and 9.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -15.03% at the moment leaves the stock -20.77% off its SMA200. RRGB registered -42.79% loss for a year compared to 6-month loss of -33.50%. The firm has a 50-day simple moving average (SMA 50) of $4.7152 and a 200-day simple moving average (SMA200) of $6.5878.
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The stock witnessed a 9.01% gain in the last 1 month and extending the period to 3 months gives it a 5.05%, and is -8.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.29% over the week and 7.92% over the month.
Red Robin Gourmet Burgers Inc (RRGB) has around 22516 employees, a market worth around $81.92M and $1.27B in sales. Profit margin for the company is -4.05%. Distance from 52-week low is 75.08% and -59.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.72%).
The EPS is expected to shrink by -94.44% this year
112.0 institutions hold shares in Red Robin Gourmet Burgers Inc (RRGB), with institutional investors hold 90.06% of the company’s shares. The shares outstanding are 15.53M, and float is at 14.49M with Short Float at 19.35%. Institutions hold 80.14% of the Float.
The top institutional shareholder in the company is ARCHON CAPITAL MANAGEMENT LLC with over 1.19 million shares valued at $8.99 million. The investor’s holdings represent 7.6329 of the RRGB Shares outstanding. As of 2024-06-30, the second largest holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC with 1.01 million shares valued at $7.62 million to account for 6.4738 of the shares outstanding. The other top investors are PACIFIC RIDGE CAPITAL PARTNERS, LLC which holds 0.91 million shares representing 5.857 and valued at over $6.9 million, while VANGUARD GROUP INC holds 4.8841 of the shares totaling 0.76 million with a market value of $5.75 million.
Red Robin Gourmet Burgers Inc (RRGB) Insider Activity
The most recent transaction is an insider purchase by Jumana Capital Investments LLC, the company’s. SEC filings show that Jumana Capital Investments LLC bought 45,000 shares of the company’s common stock on Nov 07 ’24 at a price of $5.18 per share for a total of $0.23 million. Following the purchase, the insider now owns 0.81 million shares.
Red Robin Gourmet Burgers Inc disclosed in a document filed with the SEC on Nov 05 ’24 that Jumana Capital Investments LLC () bought a total of 250 shares of the company’s common stock. The trade occurred on Nov 05 ’24 and was made at $5.99 per share for $1498.0. Following the transaction, the insider now directly holds 0.77 million shares of the RRGB stock.
Still, SEC filings show that on Nov 07 ’24, JCP Investment Management, LLC () acquired 45,000 shares at an average price of $5.18 for $0.23 million. The insider now directly holds 569,015 shares of Red Robin Gourmet Burgers Inc (RRGB).
