Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) stock enjoyed a major increase of 14.9% on 5/30/24. The shares closed at $7.73. Moreover, this advance was accompanied by exceptionally high trading volume at 525% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 9.3% during the last week.
Current PriceTarget Research Rating
RRGB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Red Robin Gourmet Burgers is currently unrated.
Rating Review
The stock is currently unrated.
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