RAVE Restaurant Group - RAVE Stock Forecast, Price & News

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 in the United States and internationally. It operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants. 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. Its delco restaurants provide delivery and carryout services and are located in shopping centers or other in-line retail developments. The company's Express restaurants serve customers through various non-traditional points of sale and are located in convenience stores, food courts, college campuses, airport terminals, travel plazas, athletic facilities, or other commercial facilities. In addition, it operates and franchises fast casual restaurants under the Pie Five Pizza Company or Pie Five trademarks. As of June 27, 2021, the company had 33 franchised Pie Five Units, 156 franchised Pizza Inn restaurants, and 11 licensed Pizza Inn Express, or PIE, kiosks. The company was formerly known as Pizza Inn Holdings, Inc. and changed its name to Rave Restaurant Group, Inc. in January 2015. Rave Restaurant Group, Inc. was founded in 1958 and is based in The Colony, Texas.

RAVE Restaurant Group Stock Performance

Shares of RAVE remained flat at $1.38 during trading hours on Friday. The stock had a trading volume of 28,892 shares, compared to its average volume of 103,854. The firm has a market cap of $24.75 million, a price-to-earnings ratio of 11.46 and a beta of 0.64. The company's 50-day moving average is $1.19 and its 200 day moving average is $1.07. RAVE Restaurant Group has a 1 year low of $0.82 and a 1 year high of $1.80.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on RAVE Restaurant Group in a research report on Tuesday, August 9th. They set a "buy" rating on the stock.