StockNews.com began coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a report issued on Sunday. The firm issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Price Performance
Rave Restaurant Group stock opened at $2.77 on Friday. The firm’s fifty day moving average price is $2.11 and its 200 day moving average price is $1.98. The company has a market capitalization of $40.41 million, a price-to-earnings ratio of 18.47 and a beta of 0.57. Rave Restaurant Group has a 12-month low of $1.64 and a 12-month high of $2.99.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last announced its quarterly earnings results on Thursday, September 26th. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $3.36 million for the quarter. Rave Restaurant Group had a return on equity of 21.29% and a net margin of 20.27%.
Hedge Funds Weigh In On Rave Restaurant Group
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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