RAVE Restaurant GroupRAVE was a big mover last session, as the company saw its shares rise nearly 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is roughly down about 36.3% in the past one-month time frame.
Although in the last 30 days, this company witnessed 1 downward estimate revision, the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
RAVE Restaurant currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A favourably-ranked player in the broader consumer staples sector includes BJ's Restaurants, Inc. BJRI carrying a Zacks Rank #1 (Strong Buy).
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