Shares of Ruby Tuesday Inc. (NYSE:RT) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $3.10 and last traded at $3.13, with a volume of 208,140 shares traded. The stock had previously closed at $3.16.

The firm’s market cap is $185.27 million. The company has a 50-day moving average price of $3.76 and a 200 day moving average price of $4.42.

Ruby Tuesday (NYSE:RT) last announced its earnings results on Thursday, August 11th. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. During the same period in the prior year, the company posted $0.10 earnings per share. The business had revenue of $279.30 million for the quarter, compared to analyst estimates of $285 million. The company’s revenue was down 5.9% compared to the same quarter last year. On average, equities analysts forecast that Ruby Tuesday Inc. will post $0.08 earnings per share for the current year.

A hedge fund recently raised its stake in Ruby Tuesday stock. Cornerstone Capital Management Holdings LLC. boosted its position in Ruby Tuesday Inc. (NYSE:RT) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 233,926 shares of the company’s stock after buying an additional 26,626 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.38% of Ruby Tuesday worth $1,289,000 as of its most recent SEC filing.

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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