Shares of Luby’s, Inc. (NYSE:LUB) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.34 and traded as high as $2.07. Luby’s shares last traded at $2.00, with a volume of 104,072 shares.

The company has a quick ratio of 0.77, a current ratio of 0.89 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average of $1.29 and a 200 day moving average of $1.34.

Luby’s (NYSE:LUB) last posted its quarterly earnings data on Monday, July 15th. The restaurant operator reported ($0.16) EPS for the quarter. Luby’s had a negative net margin of 2.39% and a negative return on equity of 17.00%. The firm had revenue of $74.77 million for the quarter.

A hedge fund recently raised its stake in Luby’s stock. Citadel Advisors LLC grew its holdings in shares of Luby’s, Inc. (NYSE:LUB) by 94.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,064 shares of the restaurant operator’s stock after purchasing an additional 11,185 shares during the quarter. Citadel Advisors LLC owned approximately 0.08% of Luby’s worth $25,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 32.56% of the company’s stock.

Luby’s Company Profile (NYSE:LUB)

Luby's, Inc provides restaurant services in the United States. It operates through three segments: Company-owned Restaurants, Franchise Operations, and Culinary Contract Services. The company operates casual dining restaurants; and offers culinary contract services, including contract arrangements to manage food services for healthcare clients, corporate dining clients, government buildings, and sports stadiums, as well as through retail grocery stores.

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