Rave Restaurant Group Inc [RAVE] stock is trading at $2.56, down -1.92%. An important factor to consider is whether the stock is rising or falling in short-term value. The RAVE shares have gain 6.67% over the last week, with a monthly amount drifted -3.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rave Restaurant Group Inc [NASDAQ: RAVE] stock has seen the most recent analyst activity on May 12, 2016, when ROTH Capital downgraded its rating to a Neutral. Previously, ROTH Capital reaffirmed its Buy rating on November 13, 2015, and dropped its price target to $14. On June 18, 2015, Wunderlich initiated with a Buy rating and assigned a price target of $18 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $20 on April 24, 2015.
Rave Restaurant Group Inc [RAVE] stock has fluctuated between $1.64 and $3.36 over the past year. Rave Restaurant Group Inc [NASDAQ: RAVE] shares were valued at $2.56 at the most recent close of the market.
Analyzing the RAVE fundamentals
Rave Restaurant Group Inc [NASDAQ:RAVE] reported sales of 12.24M for the trailing twelve months, which represents a growth of 2.76%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.21 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.53 points at the first support level, and at 2.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.63, and for the 2nd resistance point, it is at 2.69.
Ratios To Look Out For
For context, Rave Restaurant Group Inc’s Current Ratio is 7.17. On the other hand, the Quick Ratio is 7.17, and the Cash Ratio is 1.99. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 2.73 and price to earnings (TTM) ratio is 14.13.
Transactions by insiders
Recent insider trading involved Solano Brandon, Chief Executive Officer, that happened on Mar 11 ’24 when 5776.0 shares were purchased. Chief Executive Officer, Solano Brandon completed a deal on Mar 12 ’24 to buy 5600.0 shares.
