Stock News Buzz: RAVE Restaurant Group (NASDAQ:RAVE)

RAVE Restaurant Group (NASDAQ:RAVE)stock observed trading -53.06% off 52-week high price. On the other end, the stock has been noted 81.31% away from low price over the last 52-weeks. The stock disclosed a move of -16.08% away from 50 day moving average and -26.60% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.80% off 20-day moving average. It has market cap of $24.15M.

On Jan. 7, 2020, RAVE Restaurant Group (NASDAQ:RAVE) the parent company of Pizza Inn and Pie Five Pizza Co., released the hiring of Clint Fendley as its vice president of finance, effective immediately.

We are very excited to welcome Clint to the RAVE team, said Brandon Solano, CEO of RAVE Restaurant Group. He brings extensive and impressive financial experience to RAVE. As a leader with a proven track record of success in retail, service and global banking companies, we look forward to having him help improve our company as he becomes a key business partner to me and the rest of our executive team.

Fendley began his finance career as an auditor for Price Waterhouse LLP. He also served as a senior research analyst at Davenport & Company, LLC, an investment advisory and wealth management firm, before becoming the company’s first vice president in 2009.

Most recently, Fendley worked for 7-Eleven, where he started as senior financial analyst and was promoted to international finance manager after his first year. He was then named data analytics and strategy manager of new concepts before joining the RAVE team.

The USA based company RAVE Restaurant Group moved with change of -2.31% to $1.69 with the total traded volume of 2277 shares in Tuesday session versus to an average volume of 20.94K. The stock was observed in the 5 days activity at -1.74%. RAVE’s shares are at -34.50% for the quarter and driving a 60.95% return over the course of the past year and is now at 2.42% since this point in 2018.  Right now the stock beta is 0.68. The average volatility for the week and month was at 4.46% and 4.65% respectively. There are 14.29M shares outstanding and 13.20M shares are floated in market.

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