StockNews.com started coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research note issued to investors on Friday morning. The brokerage issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Performance
RAVE opened at $2.10 on Friday. The company’s 50 day simple moving average is $1.99 and its 200 day simple moving average is $2.12. Rave Restaurant Group has a 1 year low of $1.50 and a 1 year high of $2.64. The stock has a market capitalization of $30.63 million, a PE ratio of 16.15 and a beta of 0.33.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last released its earnings results on Thursday, February 1st. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter. Rave Restaurant Group had a net margin of 15.94% and a return on equity of 18.06%. The business had revenue of $2.79 million for the quarter.
Insider Buying and Selling at Rave Restaurant Group
Institutional Trading of Rave Restaurant Group
A hedge fund recently bought a new stake in Rave Restaurant Group stock. James Investment Research Inc. acquired a new stake in shares of Rave Restaurant Group, Inc. (NASDAQ:RAVE – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 15,000 shares of the restaurant operator’s stock, valued at approximately $36,000. James Investment Research Inc. owned 0.11% of Rave Restaurant Group as of its most recent SEC filing. 15.12% of the stock is currently owned by institutional investors.
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.
Featured Articles
- Five stocks we like better than Rave Restaurant Group
- What Is WallStreetBets and What Stocks Are They Targeting?
- MarketBeat Week in Review – 4/22 – 4/26
- What Are Growth Stocks and Investing in Them
- 3 Stocks Leading the U.S. Agriculture Comeback
- There Are Different Types of Stock To Invest In
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Rave Restaurant Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rave Restaurant Group and related companies with MarketBeat.com's FREE daily email newsletter.