Rave Restaurant Group Inc. (RAVE) Cut to “Sell” at Zacks Investment Research
According to Zacks, “RAVE Restaurant Group, Inc. operates and franchises pizza buffet, delivery/carry-out and express restaurants domestically and internationally under the trademark Pizza Inn and Pie Five Pizza Company (Pie Five). Pie Five offers individual handcrafted pizzas with fresh ingredients made to order in less than five minutes. Pizza Inn is an international chain featuring freshly made traditional and specialty pizzas, salads, pastas, sandwiches and desserts. RAVE Restaurant Group, Inc., formerly known as Pizza Inn Holdings, Inc., is based in Dallas. “
Shares of Rave Restaurant Group (NASDAQ:RAVE) opened at 3.02 on Thursday. The company’s 50-day moving average is $3.74 and its 200-day moving average is $4.28. Rave Restaurant Group has a 12 month low of $3.00 and a 12 month high of $9.70.
Rave Restaurant Group (NASDAQ:RAVE) last posted its earnings results on Friday, September 23rd. The company reported ($0.82) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.76. Rave Restaurant Group had a negative net margin of 14.61% and a negative return on equity of 27.11%. The firm earned $15.70 million during the quarter. Equities analysts predict that Rave Restaurant Group will post ($0.19) EPS for the current year.
Rave Restaurant Group Company Profile
Rave Restaurant Group, Inc, formerly Pizza Inn Holdings, Inc, operates and franchises pizza buffet, delivery/carry-out and express restaurants domestically and internationally under the trademark Pizza Inn and operates domestic fast casual restaurants under the trademarks Pie Five Pizza Company or Pie Five.
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