Ruby Tuesday Inc. (RT) Stock Price Down 2.9%
Ruby Tuesday Inc. (NYSE:RT) shares fell 2.9% on Friday . The stock traded as low as $2.99 and last traded at $3.02, with a volume of 377,413 shares. The stock had previously closed at $3.11.
The firm has a 50-day moving average of $3.74 and a 200-day moving average of $4.41. The stock’s market cap is $178.69 million.
Ruby Tuesday (NYSE:RT) last posted its quarterly earnings data on Thursday, August 11th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.01. During the same period last year, the company earned $0.10 earnings per share. The company had revenue of $279.30 million for the quarter, compared to analyst estimates of $285 million. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. On average, equities research analysts forecast that Ruby Tuesday Inc. will post $0.08 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Ruby Tuesday stock. Cornerstone Capital Management Holdings LLC. raised its stake in Ruby Tuesday Inc. (NYSE:RT) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 about 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.