Ruby Tuesday Inc. (NYSE:RT) rose 2.3% on Wednesday . The company traded as high as $4.03 and last traded at $3.99, with a volume of 141,198 shares changing hands. The stock had previously closed at $3.90.

The firm’s 50 day moving average price is $3.80 and its 200 day moving average price is $4.59. The stock’s market capitalization is $242.39 million.

Other large investors recently bought and sold shares of the company. Donald Smith & CO. Inc. raised its stake in Ruby Tuesday by 87.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 5,266,593 shares of the company’s stock worth $29,019,000 after buying an additional 2,451,897 shares during the period. Royce & Associates LLC raised its stake in Ruby Tuesday by 5.3% in the fourth quarter. Royce & Associates LLC now owns 2,133,131 shares of the company’s stock worth $11,754,000 after buying an additional 108,200 shares during the period. Wells Fargo & Company MN raised its stake in Ruby Tuesday by 8.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,301,033 shares of the company’s stock worth $7,169,000 after buying an additional 96,804 shares during the period. Cornerstone Capital Management Holdings LLC. raised its stake in Ruby Tuesday by 12.8% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 233,926 shares of the company’s stock worth $1,289,000 after buying an additional 26,626 shares during the period. Finally, Mutual of America Capital Management LLC raised its stake in Ruby Tuesday by 6.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 474,166 shares of the company’s stock worth $2,613,000 after buying an additional 28,124 shares during the period.

Ruby Tuesday, Inc, owns, operates and franchises the Ruby Tuesday casual dining restaurant chain and operates in the bar and grill segment of the casual dining industry. The Company operates through Ruby Tuesday and Lime Fresh segments. The Ruby Tuesday segment offers food and beverages under the Ruby Tuesday brand.

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