Meritage Hospitality Group Inc. (OTCMKTS:MHGU – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $14.47 and traded as low as $14.00. Meritage Hospitality Group shares last traded at $14.50, with a volume of 4,100 shares.
Meritage Hospitality Group Stock Performance
The stock has a market cap of $94.78 million, a P/E ratio of 59.38 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. The stock’s 50 day simple moving average is $14.51 and its two-hundred day simple moving average is $15.11.
About Meritage Hospitality Group
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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