Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a growth of 200.0% from the March 15th total of 100 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 0.1 days.
Meritage Hospitality Group Price Performance
Shares of MHGU remained flat at $17.60 on Thursday. 3 shares of the company were exchanged, compared to its average volume of 1,787. The company has a quick ratio of 0.24, a current ratio of 0.29 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $116.16 million, a PE ratio of 146.67 and a beta of 0.08. The company's 50-day moving average price is $18.37 and its 200 day moving average price is $19.02. Meritage Hospitality Group has a one year low of $17.00 and a one year high of $21.30.
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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