Large Outflow of Money Witnessed in Regal Entertainment Group

Regal Entertainment Group (RGC) jumped 0.03 points or 0.13% on strong buying and was last priced at $22.69 per share. The shares saw huge fund flow intraday; a massive $1.23 million made their way in through the upticks but an even bigger $3.47 million made their way out through downticks. As per the last observation, the net money flow stood at $(-2.24) million and the up/down ratio was found to be 0.36. The shares have seen a weekly value change of -0.79% .A block trade was recorded in the company shares with a net money flow of $(-2.26) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $2.26. As can be seen from the data, the block transaction had the up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Regal Entertainment Group has dropped 2.52% in the last five trading days, however, the shares have posted positive gains of 8.74% in the last 4 weeks. Regal Entertainment Group is up 5.15% in the last 3-month period. Year-to-Date the stock performance stands at 8.74%. Regal Entertainment Group (NYSE:RGC) witnessed a decline in the market cap on Wednesday as its shares dropped 1.15% or 0.26 points. After the session commenced at $22.55, the stock reached the higher end at $22.78 while it hit a low of $21.875. With the volume soaring to 3,731,374 shares, the last trade was called at $22.4. The company has a 52-week high of $24.79. The company has a market cap of $3,512 million and there are 156,791,650 shares in outstanding. The 52-week low of the share price is $16.52.

Company has reported several Insider transactions to the SEC, on Sep 8, 2016, Gregory W Dunn (President and COO) sold 30,765 shares at 21.75 per share price.On Jun 29, 2016, Peter B Brandow (EVP, General Counsel, Sec.) sold 49,024 shares at 21.51 per share price.On Mar 16, 2016, Amy E Miles (CEO) sold 103,201 shares at 21.02 per share price.

Regal Entertainment Group Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.26. The company had revenue of $811.50 million for the quarter, compared to analysts expectations of $796.04 million. The companys revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Regal Entertainment Group was Downgraded by Credit Suisse to Underperform on Feb 1, 2017.

Regal Entertainment Group is a leading motion picture exhibitor operating the largest theatre circuit in the United States. The Companys nationwide theatre circuit is comprised of Regal Cinemas Corporation, United Artists Theatre Company and Edwards Theatres, Inc.


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