Ruby Tuesday Inc. (RT) Stock Price Up 1.3%
Ruby Tuesday Inc. (NYSE:RT)’s share price rose 1.3% on Wednesday . The company traded as high as $3.08 and last traded at $3.05, with a volume of 209,429 shares. The stock had previously closed at $3.01.
The firm’s market cap is $182.20 million. The company has a 50 day moving average of $3.69 and a 200 day moving average of $4.35.
Ruby Tuesday (NYSE:RT) last released its quarterly earnings results on Thursday, August 11th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.01. The company had revenue of $279.30 million for the quarter, compared to analyst estimates of $285 million. During the same quarter in the previous year, the business posted $0.10 EPS. The business’s revenue was down 5.9% compared to the same quarter last year. Equities analysts anticipate that Ruby Tuesday Inc. will post $0.08 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Ruby Tuesday stock. Cornerstone Capital Management Holdings LLC. boosted its stake in Ruby Tuesday Inc. (NYSE:RT) by 12.8% during the fourth quarter, according to its most recent 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 about 0.38% of Ruby Tuesday worth $1,289,000 at the end of the most recent reporting 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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