Regal Entertainment Group (RGC) : During the past 4 weeks, traders have been relatively bearish on Regal Entertainment Group (RGC), hence the stock is down -2.65% 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 -7.92% relative to the S&P 500. The 4-week change in the price of the stock is -0.23% and the stock has fallen -7.53% in the past 1 week.
Regal Entertainment Group (NYSE:RGC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.85 and $21.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.75, notching a gain of 0.09% for the day. The total traded volume was 2,171,150 . The stock had closed at $21.73 on the previous day.
The stock has recorded a 20-day Moving Average of 5.3% and the 50-Day Moving Average is 0.46%. Regal Entertainment Group is up 4.42% in the last 3-month period. Year-to-Date the stock performance stands at 17.78%.
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 15 rating analysts who initiate coverage on the stock is $23.52 and the possibility the share price can swing is $3.36.
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