Is it Right Time Pull the Trigger on RAVE Restaurant Group Inc. [RAVE] Stock?

RAVE Restaurant Group Inc. [RAVE] shares are down more than -40.94% this year and recently increased 0.1% or $0.1 to settle at $1.01. Analysts expect RAVE to grow earnings at a 10.00% annual rate over the next 5 years. RAVE has a short ratio of 0.02. This implies that the market is currently less bullish on the outlook for RAVE.

On 13, November 2020, RAVE Restaurant Group, Inc. Reports First Quarter Financial Results. According to news published on Yahoo Finance, RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the first quarter ended September 27, 2020.

Analyst Birdseye View:

The most recent analyst activity for RAVE Restaurant Group Inc. [NASDAQ:RAVE] stock was on November 13, 2015, when it was Reiterated with a Buy rating from ROTH Capital, which also lowered its 12-month price target on the stock from $20 to $14. On June 18, 2015, Wunderlich Initiated a Buy rating and boosted its price target on this stock to $18. On April 24, 2015, ROTH Capital Initiated a Buy rating and increased its price target to $20.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.38 and a peak of $2.36. Right now, according to Wall Street analyst the average 12-month amount target is $2.50. At the most recent market close, shares of RAVE Restaurant Group Inc. [NASDAQ:RAVE] were valued at $1.01.

FUNDAMENTAL ANALYSIS

RAVE Restaurant Group Inc. [NASDAQ:RAVE] most recently reported quarterly sales of 1.9 billion, which represented growth of -34.50%. This publicly-traded organization’s revenue is $455,818 per employee, while its income is -$192,409 per employee. This company’s Gross Margin is currently 95.80%, its Operating Margin is -4.90%, its Pretax Margin is -1.55, and its Net Margin is -42.21. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -42.05, -171.48, 14.86 and -69.40 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 92.62 and the whole liability to whole assets at 65.01. It shows enduring liability to the whole principal at 83.34 and enduring liability to assets at 0.58 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.8933 points at 1st support level, the second support level is making up to 0.7767. But as of 1st resistance point, this stock is sitting at 1.1133 and at 1.2167 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for RAVE Restaurant Group Inc. [NASDAQ:RAVE] is 2.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.27. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.35 and it’s amount to book ratio is 27.54.

Insider Stories

The most recent insider trade was by FENDLEY CLINTON DAYNE, Vice President – Finance, and it was the purchase of 34883.0 shares on Dec 01. Solano Brandon, the Chief Executive Officer, completed a purchase of 5836.0 shares on Nov 30. On Oct 05, FENDLEY CLINTON DAYNE, Vice President – Finance, completed a purchase of 20833.0 shares.