Regal Entertainment Group (RGC) : During the past 4 weeks, traders have been relatively bearish on Regal Entertainment Group (RGC), hence the stock is down -6.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.74% relative to the S&P 500. The 4-week change in the price of the stock is -5.59% and the stock has fallen -0.69% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.36% and the 50-Day Moving Average is 0.66%. Regal Entertainment Group (NYSE:RGC): On Fridays trading session , Opening price of the stock was $21.9 with an intraday high of $21.92. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.54. However, the stock managed to close at $21.6, a loss of 1.28% for the day. On the previous day, the stock had closed at $21.88. The total traded volume of the day was 860,069 shares.
The company Insiders own 2% of Regal Entertainment Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.6% . Institutional Investors own 59.54% of Regal Entertainment Group shares. During last six month period, the net percent change held by insiders has seen a change of -16.27%. Also, Brokerage firm Hilliard Lyons downgrades its rating on Regal Entertainment Group (NYSE:RGC). The shares have been rated Neutral. Previously, the analysts had a Long-term Buy rating on the shares. The rating by the firm was issued on July 27, 2016.
Regal Entertainment Group (Regal) operates a theatre circuit in the United States. The Companys theatre circuit consists of around 7,367 screens in 574 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia. It operates multi-screen theatres and has an average of around 12.8 screens per location. The Company develops, acquires and operates multi-screen theatres in mid-sized metropolitan markets and suburban growth areas of metropolitan markets throughout the United States. The Company is the parent company of Regal Entertainment Holdings, Inc. (REH), which is the parent company of Regal Cinemas Corporation (Regal Cinemas) and its subsidiaries that include Regal Cinemas, Inc. (RCI), Edwards Theatres, Inc. (Edwards), Regal CineMedia Corporation (RCM) and United Arti