Tuesday Morning (OTCMKTS:TUEM) announced its quarterly earnings data on Thursday. The company reported ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.25), MarketWatch Earnings reports. Tuesday Morning had a negative return on equity of 191.21% and a negative net margin of 17.03%.
OTCMKTS TUEM opened at $2.34 on Friday. Tuesday Morning has a one year low of $1.00 and a one year high of $5.01. The company has a current ratio of 1.23, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average is $3.99 and its 200-day moving average is $3.64.
In other news, insider Steven R. Becker sold 96,039 shares of the business’s stock in a transaction dated Wednesday, June 16th. The stock was sold at an average price of $4.87, for a total transaction of $467,709.93. Following the completion of the transaction, the insider now owns 2,760,718 shares of the company’s stock, valued at $13,444,696.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven R. Becker sold 200,150 shares of the business’s stock in a transaction that occurred on Monday, June 14th. The stock was sold at an average price of $4.97, for a total value of $994,745.50. Following the completion of the sale, the insider now owns 2,760,718 shares of the company’s stock, valued at approximately $13,720,768.46. The disclosure for this sale can be found here.
Separately, Zacks Investment Research cut shares of Tuesday Morning from a “hold” rating to a “sell” rating in a report on Saturday, September 4th.
About Tuesday Morning
Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, pet supplies, bath and body products, toys, and seasonal dÃ©cor products. As of June 30, 2020, it operated approximately 685 stores in 39 states.
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