Rave Restaurant Group (NASDAQ:RAVE) Now Covered by Analysts at StockNews.com

Posted by ABMN Staff on Mar 29th, 2025

StockNews.com began coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a report issued on Friday. The brokerage issued a buy rating on the restaurant operator’s stock.

Rave Restaurant Group Price Performance

NASDAQ RAVE opened at $2.77 on Friday. The stock’s 50-day moving average is $2.68 and its two-hundred day moving average is $2.64. Rave Restaurant Group has a fifty-two week low of $1.70 and a fifty-two week high of $3.36. The firm has a market cap of $40.75 million, a P/E ratio of 15.39 and a beta of 0.43.

Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last announced its earnings results on Thursday, February 6th. The restaurant operator reported $0.04 EPS for the quarter. Rave Restaurant Group had a net margin of 21.80% and a return on equity of 20.68%.

Institutional Investors Weigh In On Rave Restaurant Group

Several hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in shares of Rave Restaurant Group by 36.9% during the third quarter. Geode Capital Management LLC now owns 129,864 shares of the restaurant operator’s stock valued at $264,000 after buying an additional 34,977 shares during the last quarter. Two Sigma Securities LLC acquired a new position in Rave Restaurant Group during the fourth quarter worth $29,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Rave Restaurant Group by 28.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 30,449 shares of the restaurant operator’s stock valued at $78,000 after purchasing an additional 6,682 shares during the last quarter. 15.12% of the stock is owned by institutional investors.

About Rave Restaurant Group

(Get Free Report)

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.