Regal Entertainment Group (RGC) : Traders are bullish on Regal Entertainment Group (RGC) as it has outperformed the S&P 500 by a wide margin of 3.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.35%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.88% in the last 1 week, and is up 1.45% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 1.25%.The 200 Day SMA reached 8.58% Regal Entertainment Group is up 6.91% in the last 3-month period. Year-to-Date the stock performance stands at 18.56%.
Regal Entertainment Group (RGC) : The most positive equity analysts on Regal Entertainment Group (RGC) expects the shares to touch $31, whereas, the least positive believes that the stock will trade at $18 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $23.41 with an expected fluctuation of $3.71 from the mean.
Company shares have received an average consensus rating of Hold for the current week Regal Entertainment Group (NYSE:RGC): The stock was completely flat for the day, closing at $21.67 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $21.63, the stock touched an intraday high of $21.71 and a low of $21.52. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $21.67. The total trading volume on Friday was 1,562,144.
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