Red Robin Gourmet Burgers Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $16.50 on 05/25/23 and a low of $6.11 for the same time frame on 03/19/24.
52-week price history of RRGB Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Red Robin Gourmet Burgers Inc’s current trading price is -60.12% away from its 52-week high, while its distance from the 52-week low is 7.60%. The stock’s price range during this period has spanned from $6.11 to $16.50. In the Consumer Cyclical sector, the Red Robin Gourmet Burgers Inc’s shares surpassed a trading volume of approximately 0.5 million for the day, which was noticeably higher compared to the average daily volume of 9.0.29 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Red Robin Gourmet Burgers Inc (RRGB) has experienced a quarterly decline of -40.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 102.25M and boasts a workforce of 22516 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.53, with a change in price of -2.32. Similarly, Red Robin Gourmet Burgers Inc recorded 239,647 in trading volume during the last 100 days, posting a change of -26.07%.
RRGB Stock Stochastic Average
Today, Red Robin Gourmet Burgers Inc’s raw stochastic average for the past 50 days stands at 9.46%, indicating a decline from the raw stochastic average of the last 20 days, which was 27.93%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 49.55% and 62.01% respectively.
RRGB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -47.23%. However, over the last six months, the performance has been stronger by -12.50%. The price of RRGB decreased -10.11% over the last 30 days. And in the last five days, it has fallen by -12.85%.
