Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Red Robin Gourmet Burgers Inc.’s current trading price is -9.06% away from its 52-week high, while its distance from the 52-week low is 170.09%. The stock’s price range during this period has varied between $5.35 and $15.89. The company, active in the Consumer Cyclical sector, saw a trading volume of around 0.65 million for the day, considerably higher average daily volume of 0.39 million observed over the last three months.
Red Robin Gourmet Burgers Inc. (RRGB) currently has a stock price of $14.45. The stock saw a sharp increase in the last trading session, hitting a high of $14.60 after opening at $13.92. The lowest recorded price for the day was $13.86 before it closed at $13.96.
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Red Robin Gourmet Burgers Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $15.89 on 04/12/23, and the lowest price during the same period was recorded at $5.35 on 12/28/22.
How Financial Performance Impacts Market Capitalization
Red Robin Gourmet Burgers Inc. (RRGB) has experienced a quarterly rise of 54.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 231.06M and boasts a workforce of 24335 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.39, with a change in price of +8.85. Similarly, Red Robin Gourmet Burgers Inc. recorded 345,617 in trading volume during the last 100 days, posting a change of +158.04%.
How RRGB’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for RRGB stands at 40.11. Similarly, the long-term debt-to-equity ratio is also 39.28.
RRGB Stock Stochastic Average
As of today, the raw stochastic average of Red Robin Gourmet Burgers Inc. over the past 50 days is 71.71%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 91.80%. Additionally, the Stochastic %K and %D values for the company were 80.16% and 77.21%, respectively, over the past 20 days.
RRGB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 158.96%.However, over the last six months, we can see a weaker performance of 71.41%. Over the last 30 days, the price of RRGB has fallen by 12.80%. And in the last five days, it has surged by 8.24%.