RAVE Restaurant Group Inc. (RAVE) Closed at $0.51 on Tuesday

RAVE Restaurant Group Inc. (RAVE) reported on October 6, 2020, that the company is hiring two new leaders – Darren Webb as director of development for RAVE, supporting both Pizza Inn and Pie Five, and Dion Firooznia as franchise business consultant for Pizza Inn.

Webb have almost 15 years of experience in spurring development throughout the Southeast. He served as director of real estate for Bojangles’ Restaurants, Inc., real estate manager for Sam’s Xpress Car Wash, LLC and director of franchise real estate for Take 5 Oil.

At RAVE, Webb will be in charge for the national expansion of both Pizza Inn and Pie Five. In addition to franchise sales, he will leverage his expertise to offer real estate and construction support. Webb will also focus on growing franchise agreements with existing owners to grow their portfolio with RAVE.

Firooznia joins RAVE with 26 years of industry experience. He worked with Webb at Bojangles’ Restaurants, Inc., where he served as regional vice president before becoming an operating partner for 14 Qdoba Mexican Eats Restaurants in Charlotte and Raleigh, North Carolina. As franchise business consultant for Pizza Inn, Firooznia will work with franchise owners to execute and improve company initiatives at the local level, creating more consistency in the guest experience for the brand.

RAVE Restaurant Group Inc. (RAVE) share price soared 8.90% with the closing price of $0.51 on Tuesday. RAVE Restaurant Group Inc. stock has an exchanging volume of 2.22 million shares, which is high, contrasted with its 3-months average volume of 380.56K shares. Its market capitalization has now reached to $8.28M.

RAVE Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, RAVE price has rose by 8.21%. In the course of past three months sees the stock go down around -31.24%, while it has lost -17.75% over the past six months and -68.85% since the start of the year.

RAVE Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of Current Qtr., the firm recorded a revenue of 1.62 billion.

RAVE Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on RAVE Restaurant Group Inc. has seen its stock exchanging -40.80% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +35.26% above its three-month low. A more extensive look sees RAVE exchanging -81.96% beneath its 52-week high and 35.26% above from its 52-week low price.

RAVE Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 15.30%, while it has a month to month instability of 16.09%. The company has an ATR (Average True Range) of 0.07 and a beta factor of 1.00.

Leave a Comment