Seasonal US Gun Demand Slides To Pre-COVID Lows [zero hedge]
Sturm, Ruger & Company, Inc. (RGR)
Last sturm, ruger & company, inc. earnings: 2/21 05:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ruger.com/corporate/welcome.html
Company Research
Source: zero hedge
Seasonal US Gun Demand Slides To Pre-COVID Lows Bloomberg data shows that the FBI's National Instant Criminal Background Check System (NICS) checks are at their lowest level for this time of year since pre-Covid. This data suggests that the gun-buying bubble, which peaked during the Covid and BLM riots, continues to deflate until the next round of Marxist groups spark riots in America. US unadjusted criminal background checks dropped 10% to 2.13 million in May. This is the lowest level in eight months, and compared with the same month a year earlier, down 17% from 2.55 million. On a seasonal basis, this is the lowest May level since May 2019 and well below the 5-year average. NICS data is a proxy for gun sales because there is no national database tracking firearm purchases. That said, gun and ammo stocks, such as Sturm Ruger & Co. Inc. and Smith, Wesson Brands Inc., and Ammo Inc., have positively correlated with rising NICS and falling NICS. What will spark the next panic buying? Tyl
Show less
Read more
Impact Snapshot
Event Time:
RGR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RGR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RGR alerts
High impacting Sturm, Ruger & Company, Inc. news events
Weekly update
A roundup of the hottest topics
RGR
News
- Sturm, Ruger & Company, Inc. (NYSE:RGR) is largely controlled by institutional shareholders who own 62% of the company [Yahoo! Finance]Yahoo! Finance
- Hacked data reveals a new nightmare for US gun industry [USA TODAY]USA TODAY
- Sturm, Ruger & Company, Inc. (NYSE: RGR) was upgraded by analysts at Lake Street Capital to a "strong-buy" rating.MarketBeat
- Sturm, Ruger & Company: Generation II Fulfillment Coming [Seeking Alpha]Seeking Alpha
- Sturm Ruger's (NYSE:RGR) Shareholders Will Receive A Smaller Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
RGR
Analyst Actions
- 5/14/24 - Lake Street Capital
RGR
Sec Filings
- 6/10/24 - Form 8-K
- 6/6/24 - Form 4
- 6/5/24 - Form 144/A
- RGR's page on the SEC website