RAVE Restaurant Group, Inc. (RAVE) Forms $1.81 Double Bottom; Papa Johns International (PZZA) Shorts Up By 0.37%

Papa Johns International Incorporated (NASDAQ:PZZA) had an increase of 0.37% in short interest. PZZA’s SI was 4.57 million shares in January as released by FINRA. Its up 0.37% from 4.56M shares previously. With 725,100 avg volume, 6 days are for Papa Johns International Incorporated (NASDAQ:PZZA)’s short sellers to cover PZZA’s short positions. The SI to Papa Johns International Incorporated’s float is 16.92%. The stock increased 7.73% or $4.85 during the last trading session, reaching $67.6. About 2.57 million shares traded or 161.88% up from the average. Papa John's International, Inc. (NASDAQ:PZZA) has risen 30.02% since January 23, 2017 and is uptrending. It has outperformed by 13.32% the S&P500.

RAVE Restaurant Group, Inc. (RAVE) formed double bottom with $1.67 target or 8.00% below today’s $1.81 share price. RAVE Restaurant Group, Inc. (RAVE) has $25.85M valuation. The stock decreased 0.55% or $0.01 during the last trading session, reaching $1.81. About 132,960 shares traded or 58.59% up from the average. RAVE Restaurant Group, Inc. (NASDAQ:RAVE) has declined 50.12% since January 23, 2017 and is downtrending. It has underperformed by 66.82% the S&P500.

Since August 31, 2017, it had 0 buys, and 1 insider sale for $692,080 activity. On Thursday, August 31 OHern Timothy C sold $692,080 worth of Papa John's International, Inc. (NASDAQ:PZZA) or 9,218 shares.

Among 10 analysts covering Papa John'S International (NASDAQ:PZZA), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Papa John'S International had 22 analyst reports since August 10, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Wednesday, July 20 report. Stephens maintained Papa John's International, Inc. (NASDAQ:PZZA) on Wednesday, October 11 with “Overweight” rating. The stock of Papa John's International, Inc. (NASDAQ:PZZA) earned “Buy” rating by Sidoti on Thursday, November 19. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Monday, November 9 report. The company was maintained on Tuesday, October 10 by Jefferies. On Thursday, November 2 the stock rating was downgraded by BTIG Research to “Neutral”. Citigroup initiated Papa John's International, Inc. (NASDAQ:PZZA) on Monday, September 18 with “Buy” rating. Stephens maintained the stock with “Overweight” rating in Wednesday, August 2 report. The rating was maintained by Jefferies on Friday, December 22 with “Hold”. Nomura initiated the shares of PZZA in report on Thursday, October 1 with “Buy” rating.

Papa JohnÂ’s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa JohnÂ’s trademark in the United States and internationally. The company has market cap of $2.37 billion. It operates through five divisions: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others. It has a 23.29 P/E ratio. The firm also operates dine-in and delivery restaurants.