StockNews.com Begins Coverage on Regis (NYSE:RGS)

StockNews.com started coverage on shares of Regis (NYSE:RGSGet Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the stock.

Regis Stock Up 10.6 %

Shares of NYSE RGS opened at $21.30 on Thursday. The business’s 50 day moving average price is $7.39 and its two-hundred day moving average price is $8.34. The company has a market cap of $48.56 million, a PE ratio of -10.81 and a beta of 2.46. Regis has a twelve month low of $3.87 and a twelve month high of $28.00.

Regis (NYSE:RGSGet Free Report) last posted its earnings results on Wednesday, May 1st. The company reported ($1.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.28) by $0.25. The business had revenue of $49.18 million for the quarter. During the same quarter in the previous year, the firm earned ($1.00) earnings per share.

Regis Company Profile

(Get Free Report)

Regis Corporation owns and franchises hair care salons in North America. The company operates through two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products.

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