RCI Hospitality Holdings (NASDAQ:RICK) Rating Upgrade
In an analyst note made public on Thursday, 27 August, stock analysts at TheStreet’s equities research division raised RCI Hospitality Holdings (NASDAQ:RICK)’s stock from hold to buy.
Despite the rating upgrade NASDAQ:RICK is at the moment trading -0.10% lower at $10.50 as of 00:29 New York time. RCI Hospitality Holdings shares have decreased -7.41% in the last 200 days, while the Standard & Poor’s 500 index has dropped -4.50% during the same time.
NASDAQ:RICK Price Chart & Trend
The stock price of RCI Hospitality Holdings has dropped 7.41% over the last 200 days, and is in weak down trend. In the last 50 and 100 days, RCI Hospitality Holdings is down 13.72% and down 3.05%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Institutional Ownership
Keane Capital Management Inc had the largest stake with ownership of 194,322 shares as of Q1 2015 for 1.97% of the long stock exposure. Potomac Capital Management Inc. is another notably bullish active investment manager who is having 65,333 shares of RCI Hospitality Holdings or 0.73% of their long stock exposure. Also, Mork Capital Management have 0.48% of their long stock exposure invested in the company for 40,000 shares. The Texas-based fund Scott & Selber Inc. revealed it had purchased so far a stake worth about 0.14% of the active investment manager’s stock portfolio in RCI Hospitality Holdings. The Minnesota-based fund Whitebox Advisors Llc is also positive about the stock, possessing 20,000 shares or 0.08% of their long stock exposure.
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