StockNews.com began coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research report released on Saturday. The brokerage issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Trading Down 6.1 %
Shares of NASDAQ RAVE opened at $1.86 on Friday. Rave Restaurant Group has a 12 month low of $1.62 and a 12 month high of $2.64. The firm has a market capitalization of $27.14 million, a price-to-earnings ratio of 12.40 and a beta of 0.56. The business has a 50-day moving average of $1.93 and a 200-day moving average of $1.99.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.04 EPS 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 Trading of Rave Restaurant Group
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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