StockNews.com began coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research note released on Thursday morning. The brokerage issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Down 3.4 %
NASDAQ RAVE opened at $2.59 on Thursday. The stock has a market capitalization of $38.10 million, a PE ratio of 14.39 and a beta of 0.60. Rave Restaurant Group has a 12-month low of $1.64 and a 12-month high of $3.36. The company has a 50 day moving average price of $2.78 and a two-hundred day moving average price of $2.37.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The restaurant operator reported $0.04 earnings per share for the quarter. Rave Restaurant Group had a net margin of 21.49% and a return on equity of 21.37%. The business had revenue of $3.05 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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