Ruby Tuesday Inc. (NYSE:RT) insider Rhonda J. Parish purchased 10,000 shares of the stock in a transaction dated Tuesday, October 11th. The shares were acquired at an average price of $2.79 per share, with a total value of $27,900.00. Following the completion of the acquisition, the insider now owns 48,238 shares in the company, valued at approximately $134,584.02. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Ruby Tuesday Inc. (NYSE:RT) opened at 3.13 on Tuesday. The stock’s 50 day moving average price is $2.80 and its 200-day moving average price is $3.70. Ruby Tuesday Inc. has a 12-month low of $2.08 and a 12-month high of $5.77. The stock’s market capitalization is $187.14 million.
Ruby Tuesday (NYSE:RT) last posted its quarterly earnings results on Thursday, October 6th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). The business earned $256.70 million during the quarter. Ruby Tuesday had a negative return on equity of 0.30% and a negative net margin of 8.07%. Analysts expect that Ruby Tuesday Inc. will post $0.08 earnings per share for the current year.
Several hedge funds 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 valued at $19,716,000 after buying an additional 991,735 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Ruby Tuesday during the second quarter valued at approximately $2,361,000. Castle Ridge Investment Management LP acquired a new stake in Ruby Tuesday during the second quarter valued at 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 valued at $1,344,000 after buying an additional 163,973 shares in the last quarter. Finally, Emerald Acquisition Ltd. acquired a new stake in Ruby Tuesday during the second quarter valued at approximately $468,000. 86.30% of the stock is owned by institutional investors and hedge funds.
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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