Here is why Red Robin Gourmet Burgers Inc. (RRGB) stock volatility recorded over the last month was 9.93%

Let’s start up with the current stock price of Red Robin Gourmet Burgers Inc. (RRGB), which is $9.05 to be very precise. The Stock rose vividly during the last session to $9.11 after opening rate of $8.94 while the lowest price it went was recorded $8.45 before closing at $9.22.

Recently in News on July 28, 2020, Red Robin Gourmet Burgers, Inc. to Release Second Quarter 2020 Results on August 11, 2020. Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (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 will release financial results for its second quarter ended July 12, 2020, on Tuesday, August 11, 2020, after market close. The Company will then host an investor conference call to discuss these results at 5:00 pm. ET. 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 -72.59%

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 -75.73% during the 52-week period from high price, and 124.01% 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 1149276 for the day, which was evidently lower, 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 -72.59%, having the revenues showcasing -38.14% 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 105.43M, as it employees total of 24586 workers.

Specialists analysis on Red Robin Gourmet Burgers Inc. (RRGB)

During the last month, 0 analysts gave the Red Robin Gourmet Burgers Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.17, with a change in the price was noted -5.84. In a similar fashion, Red Robin Gourmet Burgers Inc. posted a movement of -39.22% for the period of last 100 days, recording 1,129,975 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.

Trends and Technical analysis: 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 14.40%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 51.59%. In the last 20 days, the company’s Stochastic %K was 49.22% and its Stochastic %D was recorded 44.19%.

Now, considering the stocks previous presentation, multiple 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 -72.59%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -72.91%, alongside a downfall of -72.59% for the period of the last 12 months. The shares increased approximately by 12.00% in the 7-day charts and went up by -11.27% in the period of the last 30 days. Common stock shares were lifted by -38.14% during last recorded quarter.