RAVE Restaurant Group Inc. (NASDAQ:RAVE) saw an upside of 1.54% to $1.32 after adding $0.02 on Wednesday. The 5-day average trading volume is 441,256 shares of the company’s common stock. It has gained $1.3700 in the past week. An average of 407,519 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 371,634.
RAVE’s 1-month performance is 3.17% or $0.0700 on its low of $1.1700 reached on 09/22/21. The company’s shares have touched a 52-week low of $0.65 and high of $2.09, with the stock’s rally to the 52-week high happening on 02/12/21. YTD, RAVE has achieved 42.84% or $0.4199. However, the current price is down -36.84%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 47.01 and a low of 3.656. RAVE stock has a beta of 0.81. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.70 while the price-to-book (PB) in the most recent quarter is 4.81, with the price to cash flow ratio at 17.85.
In terms of profitability, the gross margin trailing 12 months is 96.90%. The trailing 12-month EBITDA margin is 19.74% while RAVE Restaurant Group Inc.’s operating margin was 17.40%. The firm’s gross profit as reported stood at $5.93 million against revenue of $8.59 million.
Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than $0.44 million. RAVE stock balance sheet for the recent quarter shows that total liabilities totaled 7.61 million, with total debt at $4.2 million. Shareholders hold equity totaling $18.0 million
Let’s look briefly at RAVE Restaurant Group Inc. (RAVE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 57.99% to suggest the stock is trending Neutral, with historical volatility in this time period at 27.01%.
The stock’s 5-day moving average is $1.3020, reflecting a +4.72% or $0.0600 change from its current price. RAVE is currently trading +3.10% above its 20-day SMA, +1.53% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +0.76% and +43.01% respectively.
Stochastic %K and %D was 41.06% and 40.77% and the average true range (ATR) pointed at 0.0712. The RSI (14) points at 55.33%, while the 14-day stochastic is at 46.15% with the period’s ATR at 0.0734. The stock’s 9-day MACD Oscillator is pointing at 0.0122 and -0.0019 on the 14-day charts.
In the most recent analyst report for RAVE Restaurant Group Inc. (NASDAQ: RAVE), ROTH Capital downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for RAVE stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate RAVE as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is RAVE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.50 and a high of $2.50, with their median price target at $2.50. Looking at these predictions, the average price target given by analysts is for RAVE Restaurant Group Inc. (RAVE) stock is $2.50.