Ruby Tuesday Inc. (NYSE:RT)’s share price shot up 1.3% during trading on Wednesday . The company traded as high as $3.08 and last traded at $3.05, with a volume of 209,429 shares traded. The stock had previously closed at $3.01.

The company has a 50-day moving average price of $3.66 and a 200-day moving average price of $4.33. The firm’s market capitalization is $181.01 million.

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

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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