Regal Entertainment Group stock performance trend indicates that the stock price has rallied 8.49% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.36% . Looking at the past 52 week period, the stock price is up at 4.32% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Regal Entertainment Group has a positive value of 8.68 compared to overall market.Regal Entertainment Group is having a Relative Strength Index of 61.85 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Regal Entertainment Group (NYSE:RGC) has tumbled 1.36% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5% in the last four weeks. The stocks have underperformed the S&P 500 by 1.59% during the past week but Regal Entertainment Group (NYSE:RGC) it has outperformed the index in 4 weeks by 3.8%.
Company shares have received an average consensus rating of Hold for the current week Regal Entertainment Group (NYSE:RGC) : On Friday heightened volatility was witnessed in Regal Entertainment Group (NYSE:RGC) which led to swings in the share price. The stock opened for trading at $22.33 and hit $22.545 on the upside , eventually ending the session at $22.48, with a gain of 0.85% or 0.19 points. The heightened volatility saw the trading volume jump to 1,608,082 shares. The 52-week high of the share price is $24.79 and the company has a market cap of $3,530 million. The 52-week low of the share price is at $19.35 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Regal Entertainment Group was Downgraded by Credit Suisse to Underperform on Feb 1, 2017.
Company has reported several Insider transactions to the SEC, on Mar 10, 2017, Peter B Brandow (EVP, General Counsel, Sec.) sold 20,233 shares at 22.50 per share price.On Mar 10, 2017, Gregory W Dunn (President and COO) sold 26,050 shares at 22.15 per share price.On Mar 16, 2016, Amy E Miles (CEO) sold 103,201 shares at 21.02 per share price.
Regal Entertainment Group Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.26. The company had revenue of $812.60 million for the quarter, compared to analysts expectations of $801.88 million. The companys revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Regal Entertainment Group is a leading motion picture exhibitor operating the largest theatre circuit in the United States. The Companys nationwide theatre circuit is comprised of Regal Cinemas Corporation, United Artists Theatre Company and Edwards Theatres, Inc.