Red Robin Gourmet Burgers Inc. (RRGB) market price of $8.41 offers the impression of an exciting value play

Let’s start up with the current stock price of Red Robin Gourmet Burgers Inc. (RRGB), which is $8.41 to be very precise. The Stock rose vividly during the last session to $8.03 after opening rate of $7.77 while the lowest price it went was recorded $7.26 before closing at $7.48.

Recently in News on June 17, 2020, Red Robin Satisfies Terms of Amended Credit Agreement Through Public Offering of Common Stock. Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that it has successfully raised approximately $30 million through its “at-the-market” equity offering program (the “ATM Program”), satisfying the terms of its amended credit agreement. You can read further details here

Red Robin Gourmet Burgers Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.29 on 02/21/20, with the lowest value was $4.04 for the same time period, recorded on 03/18/20.

Red Robin Gourmet Burgers Inc. (RRGB) full year performance was -75.89%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Red Robin Gourmet Burgers Inc. shares are logging -77.45% during the 52-week period from high price, and 108.17% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.04 and $37.29.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1387676 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Red Robin Gourmet Burgers Inc. (RRGB) recorded performance in the market was -77.35%, having the revenues showcasing -31.28% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 88.94M, as it employees total of 24586 workers.

Market experts do have their say about Red Robin Gourmet Burgers Inc. (RRGB)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.02, with a change in the price was noted -28.50. In a similar fashion, Red Robin Gourmet Burgers Inc. posted a movement of -77.68% for the period of last 100 days, recording 1,028,475 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RRGB is recording 1.63 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.57.

Technical breakdown of Red Robin Gourmet Burgers Inc. (RRGB)

Raw Stochastic average of Red Robin Gourmet Burgers Inc. in the period of last 50 days is set at 7.48%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 17.75%. In the last 20 days, the company’s Stochastic %K was 9.52% and its Stochastic %D was recorded 9.36%.

Bearing in mind the latest performance of Red Robin Gourmet Burgers Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -77.35%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -78.15%, alongside a downfall of -75.89% for the period of the last 12 months. The shares increased approximately by -16.14% in the 7-day charts and went up by -39.19% in the period of the last 30 days. Common stock shares were lifted by -31.28% during last recorded quarter.