The stock of Ruby Tuesday, Inc. (NYSE:RT) is a huge mover today! About 375,246 shares traded hands. Ruby Tuesday, Inc. (NYSE:RT) has declined 54.44% since March 1, 2016 and is downtrending. It has underperformed by 63.69% the S&P500.
The move comes after 5 months positive chart setup for the $143.80 million company. It was reported on Oct, 4 by Barchart.com. We have $5.86 PT which if reached, will make NYSE:RT worth $202.76M more.
Analysts await Ruby Tuesday, Inc. (NYSE:RT) to report earnings on October, 13.
According to Zacks Investment Research, “Ruby Tuesday operates casual dining concepts comprised of Ruby Tuesday, Mozzarella’s & Tia’s. Ruby Tuesdays are casual, full-service restaurants with whimsical artifacts, classic brass & Tiffany lamps which create a comfortable, nostalgic look & feel. Mozzarella’s is a full-service restaurant with a menu that features a variety of pastas & thin-crust pizzas, along with made-from-scratch soups, entree salads & sandwiches. Tia’s, is a full-service casual dining restaurant.”
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.64, from 1.64 in 2016Q1. The ratio fall, as 12 funds sold all Ruby Tuesday, Inc. shares owned while 43 reduced positions. 17 funds bought stakes while 38 increased positions. They now own 50.93 million shares or 2.16% less from 52.05 million shares in 2016Q1.
Geode Capital Management Limited holds 0% or 407,271 shares in its portfolio. Principal Financial Grp Inc last reported 434,094 shares in the company. Greenwood Invests has 5.89% invested in the company for 884,296 shares. Teacher Retirement Systems Of Texas holds 8,687 shares or 0% of its portfolio. Deutsche Natl Bank Ag has 0% invested in the company for 85,032 shares. Acadian Asset Management Ltd Liability Co has 567,007 shares for 0.01% of their US portfolio. Swiss Bank & Trust accumulated 127,600 shares or 0% of the stock. Nationwide Fund Advisors accumulated 0% or 180,363 shares. Nomura Hldg holds 0% of its portfolio in Ruby Tuesday, Inc. (NYSE:RT) for 19,573 shares. Legal And General Group Inc Public Limited Co accumulated 0% or 11,368 shares. Barrow Hanley Mewhinney Strauss Lc owns 112,473 shares or 0% of their US portfolio. Bluecrest Mgmt Limited holds 12,389 shares or 0% of its portfolio. Mariner Wealth Advsr Limited Liability has 0% invested in the company for 20,556 shares. Aegis Financial reported 767,068 shares or 2.7% of all its holdings. Susquehanna Intl Group Llp has 21,187 shares for 0% of their US portfolio.
More recent Ruby Tuesday, Inc. (NYSE:RT) news were published by: Businesswire.com which released: “Ruby Tuesday, Inc. Announces Sale of Church Street Building and Consolidation …” on September 22, 2016. Also Businesswire.com published the news titled: “Ruby Tuesday, Inc. Reports Fourth Quarter and Fiscal Year 2016 Financial Results” on August 11, 2016. Businesswire.com‘s news article titled: “Ruby Tuesday Inc. Appoints Tom Williams Chief People Officer” with publication date: April 07, 2016 was also an interesting one.
RT Company Profile
Ruby Tuesday, Inc., incorporated on January 19, 1996, owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Firm also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. The Company’s divisions include Ruby Tuesday concept and Lime Fresh concept. As of March 1, 2016, the Company operated 729 Ruby Tuesday restaurants in 44 states, 13 foreign countries, and Guam, and there were 16 Lime Fresh restaurants in two states. Of those restaurants, it owned and operated over 649 Ruby Tuesday restaurants and franchised approximately 80 Ruby Tuesday restaurants, which consisted of 28 domestic and 52 international restaurants. It also owned and operated over eight Lime Fresh restaurants and franchised approximately eight Lime Fresh domestic restaurants. The Company’s corporate-owned and operated restaurants are concentrated primarily in the Southeast, Northeast, Mid-Atlantic and Midwest of the United States.
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