Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) shares, rose in value on Friday, June 20, with the stock price down by -1.77% to the previous day’s close as strong demand from buyers drove the stock to $5.00.
Actively observing the price movement in the last trading, the stock closed the session at $5.09. Referring to stock’s 52-week performance, its high was $8.18, and the low was $2.50. On the whole, RRGB has fluctuated by 61.81% over the past month.
With the market capitalization of Red Robin Gourmet Burgers Inc currently standing at about $88.68 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-29.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RRGB’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of RRGB currently trading nearly -1.26% and 33.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.23, while the 7-day volatility ratio is showing 5.17% which for the 30-day chart, stands at 12.67%. Furthermore, Red Robin Gourmet Burgers Inc (RRGB)’s beta value is 2.41, and its average true range (ATR) is 0.51.
A comparison of Red Robin Gourmet Burgers Inc (RRGB) with its peers suggests the former has fared considerably weaker in the market. RRGB showed an intraday change of -1.77% in last session, and over the past year, it shrunk by -35.65%%.
Data on historical trading for Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) indicates that the trading volumes over the past 3 months, they’ve averaged 954.65K. According to company’s latest data on outstanding shares, there are 17.74 million shares outstanding.
Nearly 16.08% of Red Robin Gourmet Burgers Inc’s shares belong to company insiders and institutional investors own 49.45% of the company’s shares. The stock has fallen by -8.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RRGB stock heading into the next quarter.
