Shares of Meritage Hospitality Group Inc. (OTCMKTS:MHGU – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $14.47 and traded as low as $14.00. Meritage Hospitality Group shares last traded at $14.50, with a volume of 4,100 shares traded.
Meritage Hospitality Group Price Performance
The stock has a market cap of $96.44 million, a PE ratio of 60.42 and a beta of 0.05. The firm’s fifty day moving average price is $14.47 and its 200 day moving average price is $15.12. The company has a quick ratio of 0.22, a current ratio of 0.26 and a debt-to-equity ratio of 1.23.
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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