Should You Buy Red Robin Gourmet Burgers, Inc. (RRGB) Stock After it Has Fallen 3.80% in a Week?

Overall market sentiment has been down on Red Robin Gourmet Burgers, Inc. (RRGB) stock lately. RRGB receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Red Robin Gourmet Burgers, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RRGB!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With RRGB Stock Today?

Red Robin Gourmet Burgers, Inc. (RRGB) stock is trading at $8.10 as of 12:18 PM on Wednesday, May 25, an increase of $0.84, or 11.57% from the previous closing price of $7.26. The stock has traded between $7.14 and $8.16 so far today. Volume today is elevated. So far 533,010 shares have traded compared to average volume of 379,250 shares. To see InvestorsObserver's Sentiment Score for Red Robin Gourmet Burgers, Inc. click here.

More About Red Robin Gourmet Burgers, Inc.

Red Robin Gourmet Burgers Inc is a restaurant operator. The company develops, operates, and franchises casual-dining restaurants and fast-casual restaurants in North America. Its brands are Red Robin, Red Robin Gourmet Burgers, Red Robin America's Gourmet Burgers and Spirits, Red Robin Burger Works, YUMMM, Red Robin Gourmet Burgers and Brews, and Red Robin Royalty names and logos. The company's revenue consists of sales from restaurant operations, gift card breakage, franchise royalties and fees, and other miscellaneous revenue. Click Here to get the full Stock Report for Red Robin Gourmet Burgers, Inc. stock.