Ruby Tuesday Inc. (NYSE:RT)’s share price hit a new 52-week low on Thursday . The stock traded as low as $3.10 and last traded at $3.13, with a volume of 208,140 shares changing hands. The stock had previously closed at $3.16.

The firm’s 50-day moving average is $3.72 and its 200 day moving average is $4.39. The company’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. The firm had revenue of $279.30 million for the quarter, compared to analysts’ expectations of $285 million. The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.10 EPS. Equities research analysts forecast that Ruby Tuesday Inc. will post $0.08 EPS for the current fiscal year.

A hedge fund recently raised its stake in Ruby Tuesday stock. Cornerstone Capital Management Holdings LLC. increased its stake in shares of Ruby Tuesday Inc. (NYSE:RT) by 12.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 0.38% of Ruby Tuesday worth $1,289,000 as of its most recent filing with the SEC.

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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