Sturm, Ruger & Company, Inc. (NYSE:RGR) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Sturm, Ruger & Company, Inc. (NYSE:RGR) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.95 and traded as high as $37.67. Sturm, Ruger & Company, Inc. shares last traded at $37.2250, with a volume of 152,554 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Sturm, Ruger & Company, Inc. in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Sturm, Ruger & Company, Inc. Trading Down 0.5%

The stock’s 50-day moving average is $36.06 and its 200-day moving average is $36.95. The stock has a market cap of $593.37 million, a P/E ratio of 286.35 and a beta of 0.20.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Millennium Management LLC acquired a new stake in Sturm, Ruger & Company, Inc. in the fourth quarter worth approximately $9,486,000. Jane Street Group LLC bought a new stake in shares of Sturm, Ruger & Company, Inc. in the 4th quarter worth $8,011,000. UBS Group AG raised its stake in shares of Sturm, Ruger & Company, Inc. by 31.1% in the 3rd quarter. UBS Group AG now owns 514,510 shares of the company’s stock worth $22,366,000 after buying an additional 122,111 shares in the last quarter. HRT Financial LP acquired a new stake in shares of Sturm, Ruger & Company, Inc. in the fourth quarter valued at $3,805,000. Finally, Two Sigma Investments LP boosted its stake in Sturm, Ruger & Company, Inc. by 118.7% during the third quarter. Two Sigma Investments LP now owns 198,936 shares of the company’s stock valued at $8,648,000 after buying an additional 107,977 shares in the last quarter. Institutional investors and hedge funds own 64.00% of the company’s stock.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company’s product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.