Ruby Tuesday Inc. (NYSE:RT) shot up 4.9% on Friday . The stock traded as high as $4.11 and last traded at $4.04, with a volume of 175,574 shares changing hands. The stock had previously closed at $3.85.

The firm’s 50 day moving average is $3.80 and its 200 day moving average is $4.54. The stock’s market capitalization is $231.72 million.

A number of institutional investors recently modified their holdings of the company. Royce & Associates LLC increased its position in shares of 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 in the last quarter. Wells Fargo & Company MN increased its position in shares of 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 in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in shares of 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 in the last quarter. Finally, Mutual of America Capital Management LLC increased its position in shares of 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 in the last quarter.

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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