Ruby Tuesday, Inc. (NYSE:RT) Director Bernard Lanigan, Jr. sold 309,592 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $2.38, for a total value of $736,828.96. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Ruby Tuesday, Inc. (RT) traded up 0.42% during midday trading on Thursday, hitting $2.39. The stock had a trading volume of 301,208 shares. The firm has a 50-day moving average price of $2.19 and a 200-day moving average price of $2.21. Ruby Tuesday, Inc. has a 1-year low of $1.69 and a 1-year high of $3.68. The firm’s market capitalization is $144.38 million.

Ruby Tuesday (NYSE:RT) last posted its earnings results on Monday, October 16th. The restaurant operator reported ($0.01) earnings per share for the quarter. The business had revenue of $217.31 million for the quarter. Ruby Tuesday had a negative return on equity of 3.67% and a negative net margin of 8.36%. On average, equities research analysts anticipate that Ruby Tuesday, Inc. will post $0.08 earnings per share for the current year.

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Several hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its holdings in shares of Ruby Tuesday by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,971,333 shares of the restaurant operator’s stock worth $9,993,000 after acquiring an additional 131,184 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Ruby Tuesday by 14.5% during the 1st quarter. Vanguard Group Inc. now owns 3,356,710 shares of the restaurant operator’s stock worth $9,432,000 after acquiring an additional 426,019 shares during the last quarter. Signia Capital Management LLC increased its holdings in shares of Ruby Tuesday by 54.4% during the 2nd quarter. Signia Capital Management LLC now owns 1,534,884 shares of the restaurant operator’s stock worth $3,085,000 after acquiring an additional 540,611 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of Ruby Tuesday by 9.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 897,649 shares of the restaurant operator’s stock worth $2,523,000 after acquiring an additional 74,311 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Ruby Tuesday by 3.9% during the 2nd quarter. Northern Trust Corp now owns 698,695 shares of the restaurant operator’s stock worth $1,404,000 after acquiring an additional 25,950 shares during the last quarter. 75.76% of the stock is currently 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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