Today's Pre-Market Mover With Heavy Volume: Red Robin Gourmet Burgers (RRGB)

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Trade-Ideas LLC identified Red Robin Gourmet Burgers ( RRGB) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Red Robin Gourmet Burgers as such a stock due to the following factors:

  • RRGB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.0 million.
  • RRGB traded 20,542 shares today in the pre-market hours as of 9:00 AM, representing 11.6% of its average daily volume.

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More details on RRGB:

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining restaurants. RRGB has a PE ratio of 26.8. Currently there are 6 analysts that rate Red Robin Gourmet Burgers a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Red Robin Gourmet Burgers has been 149,200 shares per day over the past 30 days. Red Robin Gourmet Burgers has a market cap of $910.9 million and is part of the services sector and leisure industry. The stock has a beta of 1.42 and a short float of 9.8% with 6.54 days to cover. Shares are down 13% year-to-date as of the close of trading on Tuesday.

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