Rave Restaurant Group (NASDAQ:RAVE) Trading Up 2%
Rave Restaurant Group Inc (NASDAQ:RAVE)’s share price was up 2% on Friday . The stock traded as high as $2.99 and last traded at $2.89. Approximately 124,225 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 160,956 shares. The stock had previously closed at $2.83.
The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.30.
Rave Restaurant Group (NASDAQ:RAVE) last announced its quarterly earnings data on Wednesday, May 8th. The restaurant operator reported ($0.02) earnings per share for the quarter. Rave Restaurant Group had a net margin of 28.11% and a return on equity of 61.50%. The business had revenue of $3.07 million during the quarter.
About Rave Restaurant Group (NASDAQ:RAVE)
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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