Where Will Red Robin Gourmet Burgers, Inc. (RRGB) Stock Go Next After It Is Lower By 25.59% 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!

See Full RRGB Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With RRGB Stock Today?

Red Robin Gourmet Burgers, Inc. (RRGB) stock is trading at $19.71 as of 9:58 AM on Thursday, Aug 19, a drop of -$4.86, or -19.78% from the previous closing price of $24.57. The stock has traded between $19.36 and $21.84 so far today. Volume today is 322,290 compared to average volume of 310,735. To screen for more stocks like 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.