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After finishing at $2.45 in the prior trading day, Rave Restaurant Group Inc (NASDAQ: RAVE) closed at $2.50, up 2.04%. In other words, the price has increased by $2.04 from its previous closing price. On the day, 62300.0 shares were traded. RAVE stock price reached its highest trading level at $2.4799 during the session, while it also had its lowest trading level at $2.3929.
Ratios:
Our goal is to gain a better understanding of RAVE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.09. For the most recent quarter (mrq), Quick Ratio is recorded 6.49 and its Current Ratio is at 6.49. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.02.
On November 13, 2015, ROTH Capital reiterated its Buy rating and also upped its target price recommendation from $20 to $14.
On June 18, 2015, Wunderlich started tracking the stock assigning a Buy rating and target price of $18.Wunderlich initiated its Buy rating on June 18, 2015, with a $18 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAVE now has a Market Capitalization of 35529000 and an Enterprise Value of 27474916. As of this moment, Rave’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 2.66. Its current Enterprise Value per Revenue stands at 2.245 whereas that against EBITDA is 7.98.
Stock Price History:
The Beta on a monthly basis for RAVE is 0.12, which has changed by 0.30890048 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, RAVE has reached a high of $3.36, while it has fallen to a 52-week low of $1.70. The 50-Day Moving Average of the stock is -0.80%, while the 200-Day Moving Average is calculated to be -3.06%.
Shares Statistics:
The stock has traded on average 18.68K shares per day over the past 3-months and 26780 shares per day over the last 10 days, according to various share statistics. A total of 14.21M shares are outstanding, with a floating share count of 8.12M. Insiders hold about 42.83% of the company’s shares, while institutions hold 18.59% stake in the company. Shares short for RAVE as of 1748563200 were 15378 with a Short Ratio of 0.82, compared to 1745971200 on 29938. Therefore, it implies a Short% of Shares Outstanding of 15378 and a Short% of Float of 0.22.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0