Shares of Ruby Tuesday Inc. (NYSE:RT) saw unusually-strong trading volume on Monday . Approximately 377,126 shares traded hands during trading, an increase of 56% from the previous session’s volume of 242,477 shares.The stock last traded at $3.96 and had previously closed at $3.91.

The company has a 50-day moving average price of $3.81 and a 200-day moving average price of $4.51. The firm’s market capitalization is $231.72 million.

A number of large investors have recently modified their holdings of the company. Cornerstone Capital Management Holdings LLC. increased its stake 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 during the last quarter. Mutual of America Capital Management LLC increased its stake 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 during the last quarter. Wells Fargo & Company MN increased its stake 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 during the last quarter. Finally, Royce & Associates LLC increased its stake 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 during 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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