Media headlines about Rave Restaurant Group (NASDAQ:RAVE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rave Restaurant Group earned a news impact score of 0.16 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 47.3418666120311 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Rave Restaurant Group, Inc. : October 10, 2017 (finance.yahoo.com)
- Pie Five Pizza Lands Deal At San Francisco International Airport (finance.yahoo.com)
- Rave Restaurant Group, Inc. :RAVE-US: Earnings Analysis: Q4, 2017 By the Numbers : October 9, 2017 (finance.yahoo.com)
- Can RAVE Restaurant Group Inc (RAVE) Improve Your Portfolio Returns? (finance.yahoo.com)
Shares of Rave Restaurant Group (RAVE) remained flat at $1.85 during midday trading on Friday. The company’s stock had a trading volume of 84,041 shares. The stock’s market capitalization is $19.71 million. Rave Restaurant Group has a 1-year low of $1.27 and a 1-year high of $3.01. The stock has a 50 day moving average price of $1.65 and a 200-day moving average price of $1.92.
In related news, Chairman Mark E. Schwarz sold 500,000 shares of the firm’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $1.40, for a total transaction of $700,000.00. Following the completion of the transaction, the chairman now directly owns 100,691 shares of the company’s stock, valued at approximately $140,967.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Scott Crane bought 178,540 shares of the stock in a transaction that occurred on Wednesday, September 27th. The shares were bought at an average cost of $1.40 per share, with a total value of $249,956.00. Following the completion of the transaction, the chief executive officer now owns 240,103 shares in the company, valued at $336,144.20. The disclosure for this purchase can be found here. 32.40% of the stock is owned by company insiders.
About Rave Restaurant Group
Rave Restaurant Group, Inc operates and franchises pizza buffet, delivery/carry-out and express restaurants domestically and internationally under the trademark, Pizza Inn, and operates and franchises domestic fast casual restaurants under the trademarks Pie Five Pizza Company (Pie Five). The Company has two operating segments, which include Company-owned Restaurants, and Franchising and Food and Supply Distribution.
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