Shares of Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.65 and traded as low as $13.40. Meritage Hospitality Group shares last traded at $13.65, with a volume of 679 shares trading hands.
Meritage Hospitality Group Stock Performance
The business's fifty day moving average price is $14.65 and its 200-day moving average price is $15.91. The stock has a market capitalization of $90.64 million, a PE ratio of 56.88 and a beta of 0.05. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.26 and a quick ratio of 0.22.
Meritage Hospitality Group (OTCMKTS:MHGU - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.83). The business had revenue of $164.85 million for the quarter, compared to the consensus estimate of $181.50 million. Meritage Hospitality Group had a net margin of 0.62% and a return on equity of 3.38%. As a group, equities research analysts expect that Meritage Hospitality Group Inc. will post 0.66 EPS for the current year.
Meritage Hospitality Group Company Profile
(
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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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