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RAVE Restaurant Group (RAVE) Rises: Stock Adds 5.7% in Session

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).

Is RAVE going up? Or down? Predict to see what others think: Up or Down

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BJ'S RESTAURANT (BJRI): Free Stock Analysis Report

RAVE RESTAURANT (RAVE): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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