Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) posted its quarterly earnings results on Thursday. The restaurant operator reported $0.04 earnings per share for the quarter, Zacks reports. Rave Restaurant Group had a return on equity of 21.17% and a net margin of 21.80%.
Rave Restaurant Group Stock Performance
Shares of RAVE stock opened at $2.35 on Friday. Rave Restaurant Group has a 52-week low of $1.64 and a 52-week high of $3.36. The stock has a market cap of $34.57 million, a price-to-earnings ratio of 13.06 and a beta of 0.59. The firm’s 50-day moving average is $2.70 and its 200-day moving average is $2.41.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Rave Restaurant Group in a report on Saturday. 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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