Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Get Free Report)'s share price traded up 0.9% during mid-day trading on Monday . The company traded as high as $15.45 and last traded at $15.45. 101 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,545 shares. The stock had previously closed at $15.32.
Meritage Hospitality Group Stock Performance
The firm has a market capitalization of $104.11 million, a price-to-earnings ratio of 64.38 and a beta of 0.07. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 1.18. The stock's 50-day moving average is $15.78 and its 200-day moving average is $16.70.
Meritage Hospitality Group (OTCMKTS:MHGU - Get Free Report) last released its earnings results on Monday, November 4th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.49 by ($0.83). Meritage Hospitality Group had a return on equity of 3.36% and a net margin of 0.62%. The business had revenue of $164.85 million for the quarter, compared to analyst estimates of $181.50 million. On average, analysts predict that Meritage Hospitality Group Inc. will post 1.4 EPS for the current fiscal 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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