Regis (NYSE:RGS) Shares Cross Above 200 Day Moving Average of $14.20

Regis Co. (NYSE:RGS - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.20 and traded as high as $26.82. Regis shares last traded at $26.31, with a volume of 39,415 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Regis from a "sell" rating to a "hold" rating in a research report on Thursday, August 29th.

Regis Trading Up 5.5 %

The firm has a market capitalization of $63.29 million, a price-to-earnings ratio of -14.13 and a beta of 2.46. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 5.81. The business's fifty day moving average is $24.12 and its 200 day moving average is $14.20.

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

Regis Company Profile

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.