Regis (NYSE:RGS) Stock Price Crosses Above 200 Day Moving Average of $0.00

Regis Co. (NYSE:RGS) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $18.18. Regis shares last traded at $18.00, with a volume of 43,011 shares trading hands.

Several equities analysts have issued reports on RGS shares. ValuEngine lowered Regis from a “buy” rating to a “hold” rating in a research note on Monday, June 17th. TheStreet lowered Regis from a “b-” rating to a “c” rating in a research note on Monday, May 13th. Finally, Zacks Investment Research lowered Regis from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 28th.

The firm has a market cap of $712.66 million, a price-to-earnings ratio of 30.64, a PEG ratio of 4.44 and a beta of 1.06. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.62. The firm has a 50 day moving average price of $17.62.



Hedge funds have recently modified their holdings of the company. Northern Trust Corp lifted its holdings in shares of Regis by 0.3% during the second quarter. Northern Trust Corp now owns 800,107 shares of the company’s stock worth $13,281,000 after purchasing an additional 2,725 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Regis by 364.8% in the second quarter. Public Employees Retirement System of Ohio now owns 25,587 shares of the company’s stock valued at $425,000 after acquiring an additional 20,082 shares during the period. Renaissance Technologies LLC lifted its holdings in Regis by 3.5% in the second quarter. Renaissance Technologies LLC now owns 2,145,800 shares of the company’s stock valued at $35,620,000 after acquiring an additional 73,000 shares during the period. Bank of New York Mellon Corp lifted its holdings in Regis by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 378,167 shares of the company’s stock valued at $6,277,000 after acquiring an additional 12,793 shares during the period. Finally, Quantamental Technologies LLC lifted its holdings in Regis by 590.1% in the second quarter. Quantamental Technologies LLC now owns 2,222 shares of the company’s stock valued at $37,000 after acquiring an additional 1,900 shares during the period. Institutional investors and hedge funds own 98.61% of the company’s stock.

About Regis (NYSE:RGS)

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through two operating segments, Company-owned salons and Franchise salons. Its salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters; and serve value and premium categories of services.

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