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Regis (NYSE:RGS) Shares Pass Above 200-Day Moving Average - Here's Why

Regis logo with Retail/Wholesale background

Regis Co. (NYSE:RGS - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.85 and traded as high as $27.39. Regis shares last traded at $27.29, with a volume of 39,329 shares traded.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on RGS

Regis Stock Up 3.8 %

The stock has a market cap of $62.22 million, a price-to-earnings ratio of -13.85 and a beta of 2.46. The firm's fifty day moving average price is $23.57 and its two-hundred day moving average price is $14.99. The company has a debt-to-equity ratio of 5.81, a current ratio of 0.41 and a quick ratio of 0.41.

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

About Regis

(Get Free Report)

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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