Rave Restaurant Group (NASDAQ:RAVE) Issues Earnings Results

Rave Restaurant Group (NASDAQ:RAVE) issued its quarterly earnings data on Wednesday. The restaurant operator reported $0.01 EPS for the quarter, reports. Rave Restaurant Group had a negative net margin of 4.85% and a negative return on equity of 12.06%. The firm had revenue of $2.83 million for the quarter.

NASDAQ:RAVE traded down $0.13 during mid-day trading on Friday, reaching $1.42. 3,151 shares of the company were exchanged, compared to its average volume of 7,357. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.00. Rave Restaurant Group has a 12 month low of $1.05 and a 12 month high of $3.60. The stock has a market cap of $19.97 million, a PE ratio of -35.00 and a beta of 0.66. The company has a fifty day moving average of $1.65 and a 200 day moving average of $2.20.

Separately, ValuEngine raised shares of Rave Restaurant Group from a “sell” rating to a “hold” rating in a report on Friday, November 8th.

Rave Restaurant Group Company Profile

Rave Restaurant Group, Inc, together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn trademark. It operates in Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants segments. The company's buffet restaurants are located in free standing buildings or strip centers in retail developments that offer dine-in, carryout, and catering services, as well as delivery services.

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Earnings History for Rave Restaurant Group (NASDAQ:RAVE)

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