StockNews.com started coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research note published on Saturday morning. The firm issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Performance
Shares of NASDAQ RAVE opened at $2.76 on Friday. Rave Restaurant Group has a 1 year low of $1.64 and a 1 year high of $2.93. The stock has a fifty day moving average price of $2.00 and a two-hundred day moving average price of $1.95. The firm has a market cap of $40.26 million, a P/E ratio of 18.40 and a beta of 0.57.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last issued its quarterly earnings results on Thursday, September 26th. The restaurant operator reported $0.06 EPS for the quarter. Rave Restaurant Group had a net margin of 20.27% and a return on equity of 21.29%. The firm had revenue of $3.36 million for 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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