Ruby Tuesday Inc. (RT) Insider Rhonda J. Parish Buys 10,000 Shares of Stock
Ruby Tuesday Inc. (NYSE:RT) insider Rhonda J. Parish acquired 10,000 shares of Ruby Tuesday stock in a transaction that occurred on Tuesday, October 11th. The stock was acquired at an average cost of $2.79 per share, for a total transaction of $27,900.00. Following the purchase, the insider now owns 48,238 shares of the company’s stock, valued at $134,584.02. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
Ruby Tuesday Inc. (NYSE:RT) opened at 3.15 on Monday. Ruby Tuesday Inc. has a 12-month low of $2.08 and a 12-month high of $5.77. The company has a 50-day moving average of $2.80 and a 200 day moving average of $3.74. The firm’s market cap is $188.34 million.
Ruby Tuesday (NYSE:RT) last posted its earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). Ruby Tuesday had a negative net margin of 8.07% and a negative return on equity of 0.30%. The business had revenue of $256.70 million for the quarter. Equities analysts expect that Ruby Tuesday Inc. will post $0.08 EPS for the current fiscal year.
Hedge funds have recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its stake in Ruby Tuesday by 22.2% in the second quarter. Donald Smith & CO. Inc. now owns 5,461,572 shares of the company’s stock valued at $19,716,000 after buying an additional 991,735 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Ruby Tuesday during the second quarter valued at $2,361,000. Castle Ridge Investment Management LP bought a new stake in Ruby Tuesday during the second quarter valued at $1,083,000. Alambic Investment Management L.P. boosted its stake in Ruby Tuesday by 78.7% in the second quarter. Alambic Investment Management L.P. now owns 372,222 shares of the company’s stock valued at $1,344,000 after buying an additional 163,973 shares during the period. Finally, Emerald Acquisition Ltd. bought a new stake in Ruby Tuesday during the second quarter valued at $468,000. Institutional investors and hedge funds own 86.30% of the company’s stock.
Ruby Tuesday Company Profile
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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