StockNews.com started coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research note released on Thursday morning. The firm issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Price Performance
Shares of NASDAQ:RAVE opened at $1.88 on Thursday. Rave Restaurant Group has a 1 year low of $1.62 and a 1 year high of $2.64. The firm has a market capitalization of $27.43 million, a PE ratio of 12.53 and a beta of 0.66. The business’s 50 day moving average price is $1.97 and its 200-day moving average price is $2.02.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter. Rave Restaurant Group had a return on equity of 20.19% and a net margin of 18.74%. The business had revenue of $2.96 million during the quarter.
Hedge Funds Weigh In On 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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