Regal Entertainment Group (RGC) Getting Somewhat Positive Press Coverage, Report Shows

News stories about Regal Entertainment Group (NYSE:RGC) have been trending somewhat positive on Friday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Regal Entertainment Group earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.0510723767742 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of research analysts recently weighed in on RGC shares. B. Riley lowered shares of Regal Entertainment Group to a “hold” rating and set a $23.00 price objective for the company. in a research note on Monday, January 22nd. Zacks Investment Research lowered shares of Regal Entertainment Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $21.18.

Regal Entertainment Group traded up $0.02, hitting $22.99, during trading hours on Friday, reports. The stock had a trading volume of 4,489,900 shares, compared to its average volume of 4,310,940. The company has a debt-to-equity ratio of -2.84, a current ratio of 0.84 and a quick ratio of 0.78. Regal Entertainment Group has a one year low of $13.90 and a one year high of $23.17.

About Regal Entertainment Group

Regal Entertainment Group is an operator of theatre circuits in the United States. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 states along with Guam, Saipan, American Samoa and the District of Columbia. The Company manages its business under theatre exhibition operations segment.

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