Muscle Maker, Inc. (NASDAQ:GRIL – Get Free Report) traded up 1% on Wednesday . The stock traded as high as $1.02 and last traded at $1.02. 102,620 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 364,840 shares. The stock had previously closed at $1.01.
Muscle Maker Stock Up 2.9 %
The firm has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.19. The firm has a market capitalization of $33.81 million, a price-to-earnings ratio of -4.20 and a beta of 1.11. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.04.
Insider Buying and Selling at Muscle Maker
In other Muscle Maker news, major shareholder Aggia Fz Llc purchased 8,855,452 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The stock was purchased at an average cost of $3.12 per share, with a total value of $27,629,010.24. Following the transaction, the insider now owns 12,492,069 shares in the company, valued at $38,975,255.28. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.37% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Muscle Maker
About Muscle Maker
Muscle Maker, Inc owns, operates, and franchises Muscle Maker Grill, SuperFit Foods meal prep, and Pokemoto Hawaiian Poke restaurants. The company operates a fast-casual restaurant that specializes in preparing protein-based meals featuring chicken, seafood, pasta, hamburgers, wraps, and flat breads, as well as entrée salads and sides, protein shakes, and fruit smoothies.
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