Meritage Hospitality Group (OTCMKTS:MHGU - Get Free Report) is projected to post its quarterly earnings results on Thursday, May 8th. Analysts expect Meritage Hospitality Group to post earnings of $0.32 per share and revenue of $171.00 million for the quarter.
Meritage Hospitality Group Stock Up 8.4 %
Shares of OTCMKTS MHGU traded up $1.01 during trading on Friday, reaching $13.09. The company had a trading volume of 300 shares, compared to its average volume of 1,422. Meritage Hospitality Group has a 12-month low of $10.91 and a 12-month high of $18.61. 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 $13.65 and its 200 day moving average is $14.42. The stock has a market cap of $87.10 million, a PE ratio of 54.55 and a beta of -0.17.
About Meritage Hospitality Group
(
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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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