Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) announced its quarterly earnings data on Thursday. The restaurant operator reported $0.04 EPS for the quarter, Zacks reports. Rave Restaurant Group had a return on equity of 21.37% and a net margin of 21.49%.
Rave Restaurant Group Stock Performance
Shares of NASDAQ RAVE traded up $0.01 during trading hours on Thursday, hitting $2.47. The stock had a trading volume of 4,774 shares, compared to its average volume of 18,332. The firm’s 50-day moving average price is $2.73 and its two-hundred day moving average price is $2.41. Rave Restaurant Group has a 52 week low of $1.64 and a 52 week high of $3.36. The company has a market capitalization of $36.34 million, a P/E ratio of 13.72 and a beta of 0.59.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Rave Restaurant Group in a report on Friday, January 31st. They set a “buy” rating for the company.
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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