) was a big mover last session, as the company saw its shares rise
over 5% on the day. The move came on solid volume too with far more
shares changing hands than in a normal session. This breaks the
recent trend of the stock, which is now trading above the volatile
price range of $5.60 to $6.21 in the past one-month time frame.
This restaurant industry stock has seen one negative estimate
revision in the past 30 days. Its Zacks Consensus Estimate also
moved lower over the same time frame, signaling trouble down the
road. So make sure to keep an eye on this stock going forward to
see if yesterday's move higher lasts.
Ruby Tuesday currently has a Zacks Rank #5 (Strong Sell) while its
However, restaurant stocks with a favorable Zacks Rank include
Buffalo Wild Wings Inc.
Burger King Worldwide, Inc.
Bob Evans Farms, Inc.
). While Buffalo Wild Wings sports a Zacks Rank #1 (Strong Buy),
Burger King and Bob Evans Farms carry a Zacks Rank #2 (Buy).
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