Regis (NYSE:RGS) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Shares of Regis Co. (NYSE:RGS - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.57 and traded as high as $26.55. Regis shares last traded at $25.95, with a volume of 41,056 shares changing hands.

Analysts Set New Price Targets

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 Down 7.1 %

The business's 50-day moving average price is $23.97 and its 200 day moving average price is $16.70. The company has a debt-to-equity ratio of 5.81, a current ratio of 0.41 and a quick ratio of 0.41. The firm has a market capitalization of $54.99 million, a price-to-earnings ratio of 0.64 and a beta of 2.46.

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

Regis Company Profile

Regis Corporation owns and franchises hair care salons primarily in North America. The company operates in 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 sell various hair care and other beauty products.