Media stories about Regal Entertainment Group (NYSE:RGC) have been trending somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Regal Entertainment Group earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.955159870373 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of RGC remained flat at $$22.99 during midday trading on Wednesday. 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 52-week low of $13.90 and a 52-week high of $23.17.
Separately, Zacks Investment Research lowered Regal Entertainment Group from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $21.18.
Regal Entertainment Group Company Profile
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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