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NEW YORK (

TheStreet

) --

Red Robin Gourmet Burgers

(Nasdaq:

RRGB

) is trading at unusually high volume Friday with 918,867 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.61 (+12.4%) at $23.73 as of 11:31 a.m. ET. Red Robin Gourmet Burgers has a market cap of $359.2 million and is part of the

services

sector and

leisure

TheStreet Recommends

industry. Shares are down 2.1% year to date as of the close of trading on Thursday.

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining restaurants that serve gourmet burgers in the United States and Canada. The company has a P/E ratio of 48.1, above the average leisure industry P/E ratio of 47.8 and above the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Red Robin Gourmet Burgers as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full

Red Robin Gourmet Burgers Ratings Report

.

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