Ruby Tuesday Inc. (NYSE:RT) CFO Linda Sue Briley purchased 7,500 shares of the stock in a transaction dated Tuesday, October 11th. The stock was purchased at an average price of $2.70 per share, with a total value of $20,250.00. Following the completion of the acquisition, the chief financial officer now directly owns 35,287 shares in the company, valued at approximately $95,274.90. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Ruby Tuesday Inc. (NYSE:RT) opened at 3.15 on Monday. The firm’s market cap is $188.34 million. The company’s 50-day moving average price is $2.80 and its 200-day moving average price is $3.74. Ruby Tuesday Inc. has a 52-week low of $2.08 and a 52-week high of $5.77.
Ruby Tuesday (NYSE:RT) last released its quarterly earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). The company 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 predict that Ruby Tuesday Inc. will post $0.08 EPS for the current year.
Several hedge funds have recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Ruby Tuesday during the second quarter valued at about $406,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Ruby Tuesday during the second quarter valued at $2,361,000. GSA Capital Partners LLP acquired a new stake in shares of Ruby Tuesday during the second quarter valued at $136,000. Emerald Acquisition Ltd. acquired a new stake in shares of Ruby Tuesday during the second quarter valued at $468,000. Finally, Mutual of America Capital Management LLC increased its stake in shares of Ruby Tuesday by 2.9% in the second quarter. Mutual of America Capital Management LLC now owns 487,388 shares of the company’s stock valued at $1,759,000 after buying an additional 13,559 shares during the last quarter. Institutional investors own 86.30% of the company’s stock.
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