Stock analysts at StockNews.com assumed coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) in a research note issued on Tuesday. The brokerage set a “buy” rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Performance
NASDAQ:RAVE opened at $1.88 on Tuesday. Rave Restaurant Group has a 1 year low of $1.62 and a 1 year high of $2.64. The firm has a 50 day moving average of $1.89 and a 200-day moving average of $1.95. The stock has a market capitalization of $27.43 million, a P/E ratio of 12.53 and a beta of 0.56.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.04 earnings per share for the quarter. Rave Restaurant Group had a net margin of 18.74% and a return on equity of 20.19%. The firm had revenue of $2.96 million during the quarter.
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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