Investment analysts at StockNews.com initiated coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the restaurant operator’s stock.
Rave Restaurant Group Trading Up 6.3 %
Shares of RAVE stock opened at $2.55 on Friday. The stock has a 50 day moving average of $2.62 and a two-hundred day moving average of $2.44. Rave Restaurant Group has a 12 month low of $1.64 and a 12 month high of $3.36. The company has a market capitalization of $37.51 million, a P/E ratio of 14.17 and a beta of 0.59.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last issued its earnings results on Thursday, February 6th. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter. Rave Restaurant Group had a return on equity of 21.17% and a net margin of 21.80%.
Institutional Investors 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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