With 54117.0 shares changed hands, the volume of the stock remained heavier than its average volume of 36120.0 shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.67 whereas the lowest price it dropped to was $2.46. The 52-week range on RAVE shows that it touched its highest point at $3.36 and its lowest point at $1.64 during that stretch. It currently has a 1-year price target of $2.50. Beta for the stock currently stands at 0.60.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RAVE was up-trending over the past week, with a rise of 0.27%, but this was down by -19.66% over a month. Three-month performance surged to 3.90% while six-month performance rose 40.60%. The stock gained 18.13% in the past year, while it has gained 0.27% so far this year.
Float and Shares Shorts:
At present, 14.59 million RAVE shares are outstanding with a float of 9.26 million shares on hand for trading. On 2024-12-13, short shares totaled 72022.0, which was 49.0 higher than short shares on 1731628800. In addition to Mr. Brandon L. Solano as the firm’s President, CEO & Secretary, Mr. Jay Rooney serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.28941 of RAVE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-29, RAVE reported revenue of $3050000.0 and operating income of $613000.0. The EBITDA in the recently reported quarter was $753000.0 and diluted EPS was $0.04.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.45 being high and -$0.76 being low. For RAVE, this leads to a yearly average estimate of -$0.605.
