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As of close of business last night, Red Robin Gourmet Burgers Inc’s stock clocked out at $4.64, up 5.94% from its previous closing price of $4.38. In other words, the price has increased by $5.94 from its previous closing price. On the day, 0.77 million shares were traded. RRGB stock price reached its highest trading level at $4.78 during the session, while it also had its lowest trading level at $4.43.
Ratios:
To gain a deeper understanding of RRGB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.45.
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 August 23, 2024, Reiterated its Buy rating but revised its target price to $16 from $17 previously.
On April 30, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $16.
On April 25, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $20.Craig Hallum initiated its Buy rating on April 25, 2024, with a $20 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when Hart Gerard Johan bought 10,000 shares for $3.15 per share. The transaction valued at 31,526 led to the insider holds 616,782 shares of the business.
Wilson Joshua Todd bought 5,000 shares of RRGB for $18,000 on Sep 03 ’24. The CHIEF FINANCIAL OFFICER now owns 118,732 shares after completing the transaction at $3.60 per share. On May 16 ’24, another insider, Archon Capital Management LLC, who serves as the 10% Owner of the company, sold 141,905 shares for $7.09 each. As a result, the insider received 1,005,794 and left with 1,651,787 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 73096240 and an Enterprise Value of 637894400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 0.5 whereas that against EBITDA is 16.51.
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 $2.97. The 50-Day Moving Average of the stock is -0.58%, while the 200-Day Moving Average is calculated to be -38.41%.
Shares Statistics:
It appears that RRGB traded 625.22K shares on average per day over the past three months and 671180 shares per day over the past ten days. A total of 15.53M shares are outstanding, with a floating share count of 15.26M. Insiders hold about 3.15% of the company’s shares, while institutions hold 65.60% stake in the company. Shares short for RRGB as of 1724976000 were 2223256 with a Short Ratio of 3.56, compared to 1722384000 on 2195358. Therefore, it implies a Short% of Shares Outstanding of 2223256 and a Short% of Float of 16.540001.
