Ruby Tuesday Inc. (NYSE:RT) SVP David Skena bought 5,000 shares of the stock in a transaction on Tuesday, October 11th. The shares were acquired at an average cost of $2.65 per share, for a total transaction of $13,250.00. Following the acquisition, the senior vice president now directly owns 39,488 shares in the company, valued at $104,643.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Ruby Tuesday Inc. (NYSE:RT) opened at 3.15 on Monday. The company’s market cap is $188.34 million. Ruby Tuesday Inc. has a one year low of $2.08 and a one year high of $5.77. The firm’s 50-day moving average is $2.80 and its 200-day moving average is $3.74.
Ruby Tuesday (NYSE:RT) last announced its earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share for the quarter, meeting the Zacks’ 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 earned $256.70 million during the quarter. On average, equities analysts anticipate that Ruby Tuesday Inc. will post $0.08 EPS for the current year.
Large investors have recently bought and sold shares of the stock. 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 worth $19,716,000 after buying an additional 991,735 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in Ruby Tuesday during the second quarter worth approximately $2,361,000. Castle Ridge Investment Management LP purchased a new stake in Ruby Tuesday during the second quarter worth approximately $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 worth $1,344,000 after buying an additional 163,973 shares during the last quarter. Finally, Emerald Acquisition Ltd. purchased a new stake in Ruby Tuesday during the second quarter worth approximately $468,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.
About Ruby Tuesday
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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