Rave Restaurant Group Inc (RAVE) Stock AnalysisRAVEStock AnalysisRave Restaurant Group Inc

Rave Restaurant Group, Inc. franchises, licenses, and supplies Pie Five and Pizza Inn restaurants operating domestically and internationally. The Company, through its subsidiaries, franchises pizza buffet (Buffet Units), delivery/carry-out (Delco Units) and express (Express Units) restaurants under the trademark Pizza Inn and franchises fast casual pizza restaurants (Pie Five Units) under the trademark Pie Five Pizza Company (Pie Five). It also licenses Pizza Inn Express (PIE), kiosks under the trademark Pizza Inn. Its segments include Pizza Inn Franchising, Pie Five Franchising and Corporate administration and others. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The corporate administration and other includes cash and short-term investments. It has approximately 126 franchised Pizza Inn restaurants, 20 franchised Pie Five Units, and three licensed PIE Units. It also has over 24 international franchised Pizza Inn restaurants. It operates in the Consumer Cyclicals sector (WHOLESALE-GROCERIES & RELATED PRODUCTS industry).

Rave Restaurant Group Inc is a good buy right now due to its current price of 3.13, a strong RSI of 61.84 indicating bullish momentum, and a projected final change of +203.23% based on historical price patterns. The main risk is its forward P/E ratio of 100, which suggests high expectations for future earnings growth.