Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) was the recipient of unusually large options trading on Wednesday. Investors acquired 1,296 put options on the stock. This represents an increase of 874% compared to the average volume of 133 put options.
Shares of Red Robin Gourmet Burgers (NASDAQ:RRGB) opened at $52.40 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.37 and a current ratio of 0.56. The firm has a market capitalization of $676.55, a PE ratio of 25.39, a price-to-earnings-growth ratio of 1.86 and a beta of 0.44. Red Robin Gourmet Burgers has a one year low of $45.35 and a one year high of $74.11.
A number of institutional investors have recently bought and sold shares of RRGB. Winslow Evans & Crocker Inc. grew its stake in Red Robin Gourmet Burgers by 100.0% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 2,000 shares of the restaurant operator’s stock valued at $113,000 after purchasing an additional 1,000 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Red Robin Gourmet Burgers by 6.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,871 shares of the restaurant operator’s stock valued at $122,000 after purchasing an additional 112 shares during the last quarter. Daiwa Securities Group Inc. purchased a new stake in Red Robin Gourmet Burgers during the 3rd quarter valued at about $147,000. 361 Capital LLC purchased a new stake in Red Robin Gourmet Burgers during the 3rd quarter valued at about $212,000. Finally, Wedbush Securities Inc. purchased a new stake in Red Robin Gourmet Burgers during the 3rd quarter valued at about $214,000.
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About Red Robin Gourmet Burgers
Red Robin Gourmet Burgers, Inc, together with its subsidiaries, primarily develops, operates, and franchises full-service restaurants in North America and focuses on serving selection of gourmet burgers. The Company’s menu features a line of gourmet burgers, which it makes from ground beef, as well as its line of Red’s Tavern Double Burgers and its Red Robin’s line of half-pound Angus beef burgers with various toppings.
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