Tuesday Morning Corp. (NASDAQ:TUES) fell 3.9% on Wednesday . The company traded as low as $7.58 and last traded at $7.60, with a volume of 300,018 shares. The stock had previously closed at $7.91.

Several brokerages have recently issued reports on TUES. B. Riley reiterated a “neutral” rating and issued a $9.00 target price on shares of Tuesday Morning Corp. in a research note on Monday, May 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $11.00 target price (up previously from $9.00) on shares of Tuesday Morning Corp. in a research note on Monday, May 2nd. Finally, Zacks Investment Research downgraded shares of Tuesday Morning Corp. from a “hold” rating to a “strong sell” rating in a research report on Friday, April 22nd.

The company has a market cap of $333.17 million and a P/E ratio of 98.83. The firm’s 50-day moving average price is $6.94 and its 200 day moving average price is $6.95.

Tuesday Morning Corp. (NASDAQ:TUES) last issued its quarterly earnings results on Friday, April 29th. The company reported ($0.12) EPS for the quarter, hitting the consensus estimate of ($0.12). During the same period in the previous year, the firm posted ($0.06) EPS. The company earned $211.40 million during the quarter, compared to analysts’ expectations of $197.81 million. Tuesday Morning Corp.’s revenue was up 11.4% compared to the same quarter last year. Analysts expect that Tuesday Morning Corp. will post $0.04 EPS for the current year.

An institutional investor recently bought a new position in Tuesday Morning Corp. stock. Boston Partners purchased a new stake in Tuesday Morning Corp. (NASDAQ:TUES) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 209,328 shares of the company’s stock, valued at approximately $1,361,000. Boston Partners owned about 0.48% of Tuesday Morning Corp. at the end of the most recent reporting period.

Tuesday Morning Corporation, is a merchandise and retail company. The Company is a retailer of off-price, upscale decorative home accessories, housewares, seasonal goods and gifts that sell below retail prices charged by department stores and specialty and on-line retailers in the United States. The Company sells upscale home furnishings, housewares, gifts and other related items.

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