RCI Hospitality Holdings, Inc. (NASDAQ:RICK – Get Free Report) Director Yura Barabash purchased 888 shares of RCI Hospitality stock in a transaction dated Wednesday, August 12th. The shares were bought at an average cost of $27.29 per share, for a total transaction of $24,233.52. Following the transaction, the director directly owned 2,037 shares of the company’s stock, valued at approximately $55,589.73. The trade was a 77.28% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
RCI Hospitality Stock Up 4.3%
NASDAQ:RICK traded up $1.21 during mid-day trading on Thursday, reaching $29.25. The stock had a trading volume of 45,778 shares, compared to its average volume of 60,900. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.56 and a quick ratio of 0.48. The company has a market capitalization of $223.51 million, a price-to-earnings ratio of -71.35 and a beta of 0.76. RCI Hospitality Holdings, Inc. has a 1-year low of $20.76 and a 1-year high of $38.25. The stock’s 50 day simple moving average is $26.63 and its two-hundred day simple moving average is $24.84.
RCI Hospitality (NASDAQ:RICK – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $0.90 earnings per share (EPS) for the quarter. The firm had revenue of $73.94 million for the quarter. RCI Hospitality had a negative return on equity of 1.74% and a negative net margin of 1.48%.
RCI Hospitality Announces Dividend
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of RCI Hospitality in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, RCI Hospitality has an average rating of “Sell”.
Check Out Our Latest Analysis on RCI Hospitality
Hedge Funds Weigh In On RCI Hospitality
A number of large investors have recently bought and sold shares of RICK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in RCI Hospitality by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,979 shares of the restaurant operator’s stock valued at $214,000 after purchasing an additional 234 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of RCI Hospitality by 62.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 847 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 324 shares during the period. Invesco Ltd. raised its stake in shares of RCI Hospitality by 4.5% in the 2nd quarter. Invesco Ltd. now owns 12,523 shares of the restaurant operator’s stock worth $477,000 after buying an additional 536 shares in the last quarter. State Street Corp raised its stake in shares of RCI Hospitality by 0.4% in the 4th quarter. State Street Corp now owns 185,138 shares of the restaurant operator’s stock worth $4,414,000 after buying an additional 698 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of RCI Hospitality by 7.3% in the fourth quarter. Barclays PLC now owns 17,462 shares of the restaurant operator’s stock valued at $416,000 after buying an additional 1,188 shares during the period. Institutional investors own 53.82% of the company’s stock.
About RCI Hospitality
RCI Hospitality Holdings, Inc operates as a diversified hospitality and entertainment company focused on the ownership and operation of adult nightclubs and themed sports bars throughout the United States and select international markets. The company’s U.S. Nightclub segment includes venues branded as Rick’s Cabaret, Club Onyx and various other upscale adult entertainment clubs, offering private dance experiences, VIP services and live performances. Its Restaurant & Bar segment operates Bombshells, a brunch-themed sports bar chain featuring chef-driven menus, craft cocktails and game-day viewing in a military-inspired setting.
In addition to its brick-and-mortar venues, RCI Hospitality deploys proprietary digital platforms for talent recruitment, training and scheduling, helping to streamline operations and drive customer engagement.
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