That compares with the recent volume average of 5 million. Regal Entertainment Group's revenue for the quarter was up 4.3% compared to the same quarter past year.
Britain's Cineworld Group Plc sealed an agreement to buy larger USA peer Regal Entertainment Group on Tuesday for $3.6 billion in cash, a deal that would create the world's second largest movie theatre operator.
The Anschutz Corporation, the US-based media and entertainment group, which has 67 per cent of the voting power in Regal, has also agreed to the deal. Regal Entertainment Group has an average rating of "Hold" and an average price target of $26.21.
CNX Resources Corporation is maintained at an average hold rating by 9 stock analysts, and there are at least 3.05% of shares outstanding that are now legally short sold. At the time of writing, the First Call consensus price target for the company is $20.67.
SpaceX to send a Tesla Roadster into outer space
The vehicle "will be in deep space for a billion years or so if it doesn't blow up on ascent", Musk wrote . It is scheduled to launch from the Apollo 11 pad at the Kennedy Space Center, Cape Canaveral, in a month.
Apple strikes interim deal on escrow fund for $15B Irish tax claim
Amazon denied it owed any back tax, saying it did "not receive any special treatment from Luxembourg". To view the full article, register now.
Snow and ice warning issued for Aberdeen and Aberdeenshire
The Met Office forecasts said: "Any snow showers will be most frequent over northern and western parts, and perhaps the east coast, but at times may become more widespread".
Other large investors also recently made changes to their positions in the company. Analysts predict that Regal Entertainment Group will post $1.25 EPS for the current fiscal year. Hamlin Capital Management LLC now owns 4,335,507 shares of the company's stock worth $69,368,000 after purchasing an additional 60,489 shares during the period. NY grew its stake in Regal Entertainment Group by 15.8% in the third quarter. The stock's last price was higher from the average trading price of 50 days recorded at $63.95 while enlarging the period to 200 trading days, the average price was $59.89. Pacer Advisors Inc. increased its stake in shares of Regal Entertainment Group by 9.2% in the third quarter. The company's stock had a trading volume of 10,210,000 shares, compared to its average volume of 7,421,647. For the quarter, shares have been noted at 30.87%. KCG Holdings Inc. now owns 36,720 shares of the company's stock valued at $799,000 after buying an additional 15,059 shares during the last quarter.
Investors did not appear to like what they saw as the Cineworld share price was nearly 4% lower in Tuesday morning trading - following losses of up to 20% last week when news of the talks emerged. Regal Entertainment Group has a twelve month low of $13.90 and a twelve month high of $23.56. The firm has a market capitalization of $3,218.81, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.14.
Regal Entertainment Group (NYSE:RGC) last announced its earnings results on Wednesday, April 26th. The company reported $0.07 EPS for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.03. Regal Entertainment Group had a negative return on equity of 16.36% and a net margin of 4.41%. The firm had revenue of $716.00 million for the quarter, compared to analysts' expectations of $701.66 million.
Since the beginning of the calendar year, the stock is 0.63%.