Overall market sentiment has been down on Rave Restaurant Group Inc (RAVE) stock lately. RAVE receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Rave Restaurant Group Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RAVE!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With RAVE Stock Today?
Rave Restaurant Group Inc (RAVE) stock has risen 3% while the S&P 500 is lower by -0.03% as of 10:07 AM on Monday, Sep 18. RAVE is up $0.05 from the previous closing price of $1.67 on volume of 49,428 shares. Over the past year the S&P 500 is higher by 14.08% while RAVE is up 43.33%. RAVE earned $0.44 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.93.
More About Rave Restaurant Group Inc
Rave Restaurant Group Inc is a United States-based company that operates and franchises pizza buffet, delivery/carry-out, and express restaurants. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The company-owned restaurant segment includes sales and operating results for all company-owned restaurants. The Pizza Inn Franchising segment accounts for most of the company revenue. Geographically, it generates the majority of the revenue from the United States.
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