Ruby Tuesday Inc. (RT) Shares Down 2.9%
Ruby Tuesday Inc. (NYSE:RT) shares were down 2.9% during trading on Friday . The stock traded as low as $2.99 and last traded at $3.02, with a volume of 377,413 shares. The stock had previously closed at $3.11.
The stock’s market cap is $178.69 million. The company has a 50-day moving average of $3.72 and a 200 day moving average of $4.39.
Ruby Tuesday (NYSE:RT) last announced its quarterly earnings data 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 posted $0.10 EPS. The company earned $279.30 million during the quarter, compared to the consensus estimate of $285 million. The company’s revenue for the quarter was down 5.9% compared to the same quarter last year. On average, analysts anticipate that Ruby Tuesday Inc. will post $0.08 EPS for the current year.
A hedge fund recently raised its stake in Ruby Tuesday stock. Cornerstone Capital Management Holdings LLC. raised its stake in Ruby Tuesday Inc. (NYSE:RT) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 approximately 0.38% of Ruby Tuesday worth $1,289,000 at the end of the most recent quarter.
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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