Shares of Meritage Hospitality Group Inc. (OTCMKTS:MHGU – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $18.08 and traded as low as $17.01. Meritage Hospitality Group shares last traded at $18.43, with a volume of 9,277 shares changing hands.
Meritage Hospitality Group Stock Up 5.8 %
The business’s fifty day simple moving average is $18.08 and its 200 day simple moving average is $18.86. The stock has a market cap of $121.61 million, a price-to-earnings ratio of 145.17 and a beta of 0.09. The company has a current ratio of 0.29, a quick ratio of 0.24 and a debt-to-equity ratio of 1.35.
Meritage Hospitality Group Company Profile
Meritage Hospitality Group Inc operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia.
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