Alert: Major Price Decline (5/21/20)-Ruth’s Hospitality Group Inc (NASDAQ: RUTH).

out_logo_500#39590.jpg

Ruth’s Hospitality Group Inc (NASDAQ: RUTH) stock closed at $8.08 on 5/21/20 after a major decline of -11.4%. Moreover, trading volume in this decline was exceptionally high at 279% of normal. The stock has risen 6.5% during the last week but has been extremely weak relative to the market over the last nine months.

out_mm#39590.jpg

Current PriceTarget Research Rating

RUTH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Ruth’s Hospitality has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ruth’s Hospitality has a good Appreciation Score of 79 but a very low Power Rating of 3, triggering the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

About John Lafferty 77056 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.