Luby’s (NYSE:LUB) Share Price Passes Above Two Hundred Day Moving Average of $1.48
Luby’s, Inc. (NYSE:LUB)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.48 and traded as high as $2.15. Luby’s shares last traded at $2.14, with a volume of 609 shares.
Separately, ValuEngine lowered shares of Luby’s from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd.
The business’s fifty day moving average is $1.93 and its 200 day moving average is $1.49. The company has a current ratio of 0.89, a quick ratio of 0.77 and a debt-to-equity ratio of 0.38.
About Luby’s (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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