Luby’s, Inc. (NYSE:LUB)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.54 and traded as high as $2.15. Luby’s shares last traded at $2.14, with a volume of 19,078 shares.
Separately, ValuEngine downgraded shares of Luby’s from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd.
The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.83. The firm’s fifty day moving average price is $1.97 and its 200-day moving average price is $1.55.
About Luby’s (NYSE:LUB)
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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