RUTH - Ruth's Hospitality Group: Which Cocktail To Order Is The Only Liquidity Concern

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Where is the sizzle when you need it? Ruth's Hospitality Group, Inc. (RUTH) has fallen dramatically from a 52-week high of $27.14 to a recent, intraday low of $2.32. This represents a 91.5% decline. The uncertainty regarding COVID-19 caused the stock to absolutely plummet. The stock currently trades at $8/share; however, I still believe it is dramatically marked down by the market. The real question is:

Does Ruth's have enough liquidity to survive a shutdown of its operations for months potentially?

In this article, I will show you the answer

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