Dallas, Texas 07/02/2013 (Financialstrend) – Shares of Regal Entertainment Group (NYSE:RGC) gained by 4.92 percent to close at $18.78 on Monday. The shares had recorded an intraday high of $19.37per share and intraday low of $18.31 per share during the day. With last trading session, shares of Regal Entertainment Group (NYSE:RGC) had 52 week high of $19.37 and 52 week low price of $12.99 per share.
Regal Entertainment Group (NYSE:RGC) had been trading with huge volumes at 2.34 million shares on Monday, while the average level of trading in the company is only 952,644 shares per day. With 155.68 million shares outstanding in the market, Regal Entertainment Group (NYSE: RGC) presently has a market cap of $2.93 billion and an institutional ownership at 87 percent of total capital.
Regal Entertainment Group is the mother company of Regal Entertainment Holdings, Inc. (REH). The Company is involved in the theatre exhibition operations. The Company also acquire, develops and operates multi screen theatres primarily in middle sized suburban areas and metropolitan markets throughout the United States.
Regal Entertainment Group is to celebrate the new grand opening of the Issaquah Highlands Stadium RPX and 12 IMAX. The company activities with $2 movies include preview events for benefit local charities for three days. The official grand opening will be on July 2 with first run features including The Lone Ranger and Despicable Me 2. Regal Crown Club members can also enjoy free soft drinks and popcorn with each admission paid on July 2 Tuesday through on July 11 Thursday. The Marketing manager for Regal Entertainment Group, Rachel Lueras explained that “Regal Issaquah Highlands offers a multitude of entertainment choices including both IMAX and RPX capabilities, giving our guests the maximum movie experience.” “Starting this Saturday, each and everyone is encouraged to come and check out the new theatre with special $2 movies, soft drinks and popcorn with proceeds going to local charities.” Regal’s preview events feature $2 movies, $2 soft drinks and $2 popcorn with proceeds benefiting Issaquah Food and Clothing Bank, Newspapers in Education and Arts Fund.