Regis (NYSE:RGS) Stock Price Passes Above 200 Day Moving Average of $12.99

Shares of Regis Co. (NYSE:RGS) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.99 and traded as high as $20.76. Regis shares last traded at $20.28, with a volume of 51,869 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Regis from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th.

Regis Stock Up 10.6 %

The firm has a 50 day simple moving average of $23.46 and a two-hundred day simple moving average of $13.09. 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 stock has a market capitalization of $49.02 million, a P/E ratio of -10.91 and a beta of 2.46.

Regis (NYSE:RGS) last released 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

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.