Regal Entertainment Group (RGC) has been under a strong bear grip, hence the stock is down -9.16% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.47% in the past 1 week. The 4-week change in the price of the stock is -9.35% and the stock has fallen -0.19% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.66% and the fifty day Moving Average is 3.08%. Regal Entertainment Group is up 1.44% in the last three month period. Year-to-Date the stock performance stands at 15.45%.
Regal Entertainment Group (RGC) : The highest level Regal Entertainment Group (RGC) is projected to reach is $31 for the short term and the lowest estimate is at $18. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $23.37 and the possibility the share price can swing is $3.55.
Regal Entertainment Group (NYSE:RGC): On Fridays trading session , Opening price of the stock was $21.54 with an intraday high of $21.71. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.22. However, the stock managed to close at $21.32, a loss of 1.07% for the day. On the previous day, the stock had closed at $21.55. The total traded volume of the day was 977,036 shares.
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