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.

A hedge fund recently raised its stake in Luby’s stock. Citadel Advisors LLC increased its stake in shares of Luby’s, Inc. (NYSE:LUB) by 94.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,064 shares of the restaurant operator’s stock after buying an additional 11,185 shares during the period. Citadel Advisors LLC owned about 0.08% of Luby’s worth $25,000 as of its most recent filing with the Securities and Exchange Commission. 31.82% of the stock is owned by institutional investors and hedge funds.

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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