Regis (NYSE:RGS) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Posted by Jessica Moore on Jan 22nd, 2025

Regis Co. (NYSE:RGS – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $23.72 and traded as high as $25.25. Regis shares last traded at $24.50, with a volume of 20,357 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Regis from a “sell” rating to a “hold” rating in a research note on Friday, November 15th.

Check Out Our Latest Stock Analysis on Regis

Regis Stock Performance

The stock has a 50 day simple moving average of $23.16 and a 200 day simple moving average of $23.72. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.69. The stock has a market cap of $55.97 million, a P/E ratio of 0.66 and a beta of 2.50.

Regis (NYSE:RGS – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.93 EPS for the quarter. Regis had a return on equity of 143.69% and a net margin of 45.49%. The firm had revenue of $46.06 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. TCW Group Inc. bought a new position in Regis in the third quarter worth approximately $9,610,000. Geode Capital Management LLC increased its position in shares of Regis by 39.6% in the third quarter. Geode Capital Management LLC now owns 22,906 shares of the company’s stock worth $630,000 after purchasing an additional 6,492 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in Regis in the third quarter worth $450,000. 31.50% of the stock is owned by institutional investors and hedge funds.

About Regis

(Get Free Report)

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.