Red Robin Gourmet Burgers (RRGB) Expected to Announce Quarterly Earnings on Wednesday

Red Robin Gourmet Burgers (NASDAQ:RRGB - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $285.20 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Red Robin Gourmet Burgers Trading Up 1.2 %

Shares of RRGB traded up $0.06 on Friday, reaching $4.89. The company's stock had a trading volume of 230,660 shares, compared to its average volume of 292,702. Red Robin Gourmet Burgers has a twelve month low of $2.97 and a twelve month high of $9.34. The stock has a market capitalization of $85.04 million, a PE ratio of -1.49 and a beta of 2.65. The firm has a fifty day moving average of $5.51 and a 200-day moving average of $5.11.

Insider Buying and Selling

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc bought 800,454 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were bought at an average price of $5.19 per share, for a total transaction of $4,154,356.26. Following the acquisition, the insider now directly owns 1,614,906 shares of the company's stock, valued at approximately $8,381,362.14. The trade was a 98.28 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.19% of the stock is currently owned by company insiders.

About Red Robin Gourmet Burgers

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.