Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) posted its earnings results on Thursday. The restaurant operator reported $0.04 EPS for the quarter, Zacks reports. Rave Restaurant Group had a net margin of 21.49% and a return on equity of 21.37%.
Rave Restaurant Group Trading Up 1.8 %
NASDAQ:RAVE traded up $0.04 during trading hours on Thursday, hitting $2.50. The company’s stock had a trading volume of 4,773 shares, compared to its average volume of 18,332. The stock has a fifty day moving average of $2.73 and a 200-day moving average of $2.41. 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 $36.84 million, a P/E ratio of 13.91 and a beta of 0.59.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Rave Restaurant Group in a research report on Friday, January 31st. They issued a “buy” rating for the company.
About Rave Restaurant Group
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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