Ruby Tuesday Inc. (RT) Stock Price Down 0.6%
Ruby Tuesday Inc. (NYSE:RT) shares were down 0.6% on Monday . The stock traded as low as $3.04 and last traded at $3.08, with a volume of 192,836 shares. The stock had previously closed at $3.10.
The firm has a 50-day moving average of $3.63 and a 200 day moving average of $4.30. The company’s market capitalization is $181.01 million.
Ruby Tuesday (NYSE:RT) last posted its earnings results on Thursday, August 11th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. During the same period in the previous year, the business earned $0.10 EPS. The business had revenue of $279.30 million for the quarter, compared to analysts’ expectations of $285 million. The firm’s revenue was down 5.9% on a year-over-year basis. On average, equities research analysts predict 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. Ameriprise Financial Inc. raised its position in shares of Ruby Tuesday Inc. (NYSE:RT) by 74.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 502,576 shares of the company’s stock after buying an additional 214,213 shares during the period. Ameriprise Financial Inc. owned about 0.82% of Ruby Tuesday worth $2,769,000 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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