Luby’s (NYSE:LUB) issued its quarterly earnings results on Monday. The restaurant operator reported ($0.16) earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $74.77 million during the quarter. Luby’s had a negative return on equity of 16.18% and a negative net margin of 4.99%.
NYSE:LUB traded down $0.03 on Tuesday, reaching $1.13. 855 shares of the stock traded hands, compared to its average volume of 29,867. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.78 and a current ratio of 0.90. Luby’s has a 12 month low of $0.99 and a 12 month high of $2.55. The stock’s fifty day moving average is $1.22.
An institutional investor recently bought a new position in Luby’s stock. Two Sigma Securities LLC purchased a new position in Luby’s, Inc. (NYSE:LUB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 21,259 shares of the restaurant operator’s stock, valued at approximately $26,000. Two Sigma Securities LLC owned 0.07% of Luby’s as of its most recent SEC filing. 33.24% of the stock is owned by institutional investors and hedge funds.
Luby's, Inc provides restaurant services in the United States. It operates through three segments: Company-owned Restaurants, Franchise Operations, and Culinary Contract Services. The company operates casual dining restaurants; and offers culinary contract services, including contract arrangements to manage food services for healthcare clients, corporate dining clients, government buildings, and sports stadiums, as well as through retail grocery stores.
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