Regis (NYSE:RGS) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Regis (NYSE:RGSFree Report) in a research report report published on Wednesday. The brokerage issued a sell rating on the stock.

Regis Price Performance

RGS opened at $23.00 on Wednesday. The firm has a market capitalization of $52.44 million, a price-to-earnings ratio of -11.68 and a beta of 1.81. Regis has a one year low of $3.87 and a one year high of $28.00. The business has a 50 day simple moving average of $6.53 and a two-hundred day simple moving average of $8.09.

Regis (NYSE:RGSGet Free Report) last announced its earnings results on Wednesday, May 1st. The company reported ($1.03) EPS for the quarter, beating analysts’ consensus estimates of ($1.28) by $0.25. The business had revenue of $49.18 million for the quarter. During the same period in the previous year, the company posted ($1.00) EPS.

About Regis

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Regis Corporation owns and franchises hair care salons in North America. The company operates through two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products.

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