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Ruby Tuesday (NYSE:RT) Insider James J. Buettgen purchased 50,000 shares of the stock in a transaction dated Friday, August 15th. The shares were purchased at an average price of $6.08 per share, with a total value of $304,000.00. Following the purchase, the insider now directly owns 932,889 shares of the company’s stock, valued at approximately $5,671,965. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Telsey Advisory Group raised their price target on shares of Ruby Tuesday from $7.00 to $8.00 in a research note on Wednesday, July 30th. They now have a “not rated” rating on the stock. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Ruby Tuesday has a consensus rating of “Hold” and an average price target of $8.33.

Ruby Tuesday (NYSE:RT) traded up 5.95% during mid-day trading on Monday, hitting $6.41. The stock had a trading volume of 716,391 shares. Ruby Tuesday has a 1-year low of $5.14 and a 1-year high of $8.22. The stock’s 50-day moving average is $6.75 and its 200-day moving average is $6.68. The company’s market cap is $386.9 million.

Ruby Tuesday (NYSE:RT) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.09 by $0.06. The company had revenue of $307.30 million for the quarter, compared to the consensus estimate of $303.80 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. Analysts expect that Ruby Tuesday will post $-0.19 EPS for the current fiscal year.

Ruby Tuesday, Inc, including its wholly-owned subsidiaries, owns and operates Ruby Tuesday, Lime Fresh Mexican, GrillMarlin & Ray’s, and Wok Hay casual dining restaurants.

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