Overall market sentiment has been high on Rave Restaurant Group Inc (RAVE) stock lately. RAVE receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Rave Restaurant Group Inc has a Bullish 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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With RAVE Stock Today?
Rave Restaurant Group Inc (RAVE) stock is down -0.51% while the S&P 500 is higher by 0.99% as of 12:29 PM on Friday, Nov 3. RAVE is down -$0.01 from the previous closing price of $2.29 on volume of 57,477 shares. Over the past year the S&P 500 has risen 15.98% while RAVE is higher by 15.74%. RAVE earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.24.
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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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