Overall market sentiment has been high on Regis Corporation (RGS) stock lately. RGS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Regis Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RGS!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With RGS Stock Today?
Regis Corporation (RGS) stock is trading at $1.04 as of 1:47 PM on Monday, Sep 19, a decline of -$0.24, or -18.75% from the previous closing price of $1.28. The stock has traded between $0.86 and $1.21 so far today. Volume today is high. So far 2,649,443 shares have traded compared to average volume of 1,632,691 shares.
More About Regis Corporation
Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives most of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's major brands include SmartStyle, Cost Cutters, and Supercuts.
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