How Does Regal Entertainment Group (RGC) Stack Up Right Now?

Regal Entertainment Group (RGC) is an interesting player in the Services space, with a focus on Movie Production, Theaters. The stock has been active on the tape, currently trading at $17.07, up from yesterday’s close by 0.89%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. Regal Entertainment Group (RGC) currently trades with a market capitalization of $2.75 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For RGC, the company currently has $235.5 Million of cash on the books, which is offset by $26.8 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $149.7 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.07 on a per share basis this quarter. Perhaps, that suggests something about why 97.13% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Regal Entertainment Group recorded a 52-week high of $24.79. It is now trading 7.72% off that level. The stock is trading $16.40 its 50-day moving average by -0.67%. The stock carved out a 52-week low down at $13.90.

In recent action, Regal Entertainment Group (RGC) has made a move of +14.26% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.45, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 24.76% with $130.67 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of RGC.

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