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NEW YORK (TheStreet) -- Shares of RUBY TUESDAY INC (RT) stock were down today by $0.04 (0.51%) as of the close of trading. By the end of trading, 417.13K shares of RUBY TUESDAY INC exchanged hands as compared to its average daily volume of 563.40K shares. The stock ranged in price between $7.79 to $7.90 after opening the day at $7.90 as compared to the previous trading day's close of $7.89. Overall, RUBY TUESDAY INC lagged the S&P 500 which was up 0.04%. Important items of note for RUBY TUESDAY INC and possible rationale for parts of today's stock move go as follows:
TheStreet Ratings team rates RUBY TUESDAY INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate RUBY TUESDAY INC (RT) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall."