Luby’s, Inc. (NYSE:LUB) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.54 and traded as high as $2.15. Luby’s shares last traded at $2.14, with a volume of 19,078 shares trading hands.
Separately, ValuEngine downgraded shares of Luby’s from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd.
The company’s 50 day moving average is $1.97 and its 200 day moving average is $1.55. The company has a quick ratio of 0.73, a current ratio of 0.83 and a debt-to-equity ratio of 0.45.
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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