Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Get Free Report) shares traded up 0.1% on Thursday . The stock traded as high as $13.55 and last traded at $13.35. 1,655 shares traded hands during trading, an increase of 74% from the average session volume of 951 shares. The stock had previously closed at $13.34.
Meritage Hospitality Group Price Performance
The firm has a market cap of $88.71 million, a P/E ratio of 55.64 and a beta of 0.05. The company has a quick ratio of 0.22, a current ratio of 0.26 and a debt-to-equity ratio of 1.23. The business's 50 day moving average is $14.82 and its two-hundred day moving average is $16.01.
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 for the quarter, missing the consensus estimate of $0.49 by ($0.83). Meritage Hospitality Group had a return on equity of 3.38% and a net margin of 0.62%. The business had revenue of $164.85 million during the quarter, compared to the consensus estimate of $181.50 million. As a group, analysts anticipate that Meritage Hospitality Group Inc. will post 1.4 earnings per share 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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