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The price of Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) closed at $5.00 in the last session, up 3.31% from day before closing price of $4.84. In other words, the price has increased by $3.31 from its previous closing price. On the day, 0.64 million shares were traded. RRGB stock price reached its highest trading level at $5.0 during the session, while it also had its lowest trading level at $4.79.
Ratios:
We take a closer look at RRGB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on April 30, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On April 25, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $20.
The Benchmark Company Upgraded its Hold to Buy on March 01, 2023, while the target price for the stock was maintained at $14.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 16 ’24 when Archon Capital Management LLC sold 141,905 shares for $7.09 per share. The transaction valued at 1,005,794 led to the insider holds 1,651,787 shares of the business.
Archon Capital Management LLC sold 100,200 shares of RRGB for $686,495 on May 17 ’24. The 10% Owner now owns 1,551,587 shares after completing the transaction at $6.85 per share. On May 15 ’24, another insider, Archon Capital Management LLC, who serves as the 10% Owner of the company, sold 77,000 shares for $7.36 each. As a result, the insider received 566,512 and left with 1,793,692 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RRGB now has a Market Capitalization of 78422000 and an Enterprise Value of 648131968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 0.509 whereas that against EBITDA is 14.782.
Stock Price History:
Over the past 52 weeks, RRGB has reached a high of $12.80, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is -22.67%, while the 200-Day Moving Average is calculated to be -39.11%.
Shares Statistics:
According to the various share statistics, RRGB traded on average about 472.02K shares per day over the past 3-months and 453500 shares per day over the past 10 days. A total of 15.53M shares are outstanding, with a floating share count of 15.19M. Insiders hold about 3.18% of the company’s shares, while institutions hold 69.09% stake in the company. Shares short for RRGB as of 1722384000 were 2195358 with a Short Ratio of 4.65, compared to 1719532800 on 2688462. Therefore, it implies a Short% of Shares Outstanding of 2195358 and a Short% of Float of 16.409999.
