StockNews.com initiated coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research report report published on Friday. The brokerage issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Performance
Shares of NASDAQ RAVE opened at $2.53 on Friday. The firm’s 50-day simple moving average is $2.75 and its 200 day simple moving average is $2.39. The stock has a market cap of $37.22 million, a price-to-earnings ratio of 14.06 and a beta of 0.60. Rave Restaurant Group has a fifty-two week low of $1.64 and a fifty-two week high of $3.36.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last announced 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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