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

Regis Co. (NYSE:RGS) passed 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 traded.

Wall Street Analyst Weigh In

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

Regis Price Performance

The company has a 50-day moving average price of $24.00 and a 200 day moving average price of $16.75. The firm has a market capitalization of $54.99 million, a PE ratio of -12.24 and a beta of 2.46. The company has a debt-to-equity ratio of 5.81, a current ratio of 0.41 and a quick ratio of 0.41.

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

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.