Regal Entertainment Group (RGC) : During the past 4 weeks, traders have been relatively bearish on Regal Entertainment Group (RGC), hence the stock is down -9.91% 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 -1.08% relative to the S&P 500. The 4-week change in the price of the stock is -9.57% and the stock has fallen -1.11% in the past 1 week.
Regal Entertainment Group is up 3.58% in the last 3-month period. Year-to-Date the stock performance stands at 15.67%. The stock has recorded a 20-day Moving Average of 4.81% and the 50-Day Moving Average is 2.2%.
Regal Entertainment Group (NYSE:RGC): The stock opened at $21.47 on Friday but the bulls could not build on the opening and the stock topped out at $21.55 for the day. The stock traded down to $21.33 during the day, due to lack of any buying support eventually closed down at $21.36 with a loss of -0.51% for the day. The stock had closed at $21.47 on the previous day. The total traded volume was 2,101,181 shares.
Also, Hilliard Lyons downgrades its view on Regal Entertainment Group (NYSE:RGC) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Long-term Buy. 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