Stock analysts at StockNews.com assumed coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) in a report issued on Thursday. The brokerage set a “buy” rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Down 0.4 %
Shares of NASDAQ RAVE opened at $2.64 on Thursday. The firm’s 50-day moving average price is $2.79 and its two-hundred day moving average price is $2.36. Rave Restaurant Group has a 52-week low of $1.64 and a 52-week high of $3.36. The stock has a market capitalization of $38.83 million, a P/E ratio of 14.67 and a beta of 0.60.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last posted its earnings results on Thursday, November 7th. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $3.05 million for the quarter. Rave Restaurant Group had a return on equity of 21.37% and a net margin of 21.49%.
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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