Stock analysts at StockNews.com started coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) in a research note issued on Saturday. The firm set a “buy” rating on the restaurant operator’s stock.
Rave Restaurant Group Price Performance
Shares of Rave Restaurant Group stock opened at $1.98 on Friday. Rave Restaurant Group has a 1 year low of $1.62 and a 1 year high of $2.64. The business has a 50-day moving average of $1.93 and a two-hundred day moving average of $1.99. The company has a market capitalization of $28.89 million, a P/E ratio of 13.20 and a beta of 0.66.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.04 earnings per share for the quarter. Rave Restaurant Group had a return on equity of 20.19% and a net margin of 18.74%. The company had revenue of $2.96 million during the quarter.
Institutional Inflows and Outflows
Rave Restaurant Group Company Profile
Rave Restaurant Group, Inc, together with its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants.
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