Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) announced its quarterly earnings results on Thursday. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. Rave Restaurant Group had a net margin of 21.49% and a return on equity of 21.37%.
Rave Restaurant Group Stock Up 0.4 %
RAVE stock traded up $0.01 during midday trading on Thursday, reaching $2.47. The stock had a trading volume of 4,774 shares, compared to its average volume of 18,332. Rave Restaurant Group has a twelve month low of $1.64 and a twelve month high of $3.36. The firm has a market cap of $36.34 million, a price-to-earnings ratio of 13.72 and a beta of 0.59. The business has a fifty day simple moving average of $2.73 and a two-hundred day simple moving average of $2.41.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Rave Restaurant Group in a report on Friday, January 31st. They set a “buy” rating on the stock.
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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