Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) issued its earnings results on Thursday. The restaurant operator reported $0.04 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 Performance
NASDAQ:RAVE opened at $2.31 on Friday. The company’s 50-day simple moving average is $2.72 and its 200-day simple moving average is $2.41. Rave Restaurant Group has a fifty-two week low of $1.64 and a fifty-two week high of $3.36. The stock has a market capitalization of $33.98 million, a P/E ratio of 12.83 and a beta of 0.59.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Rave Restaurant Group in a research note on Friday, January 31st. They set a “buy” rating for the company.
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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