Meritage Hospitality Group (MHGU) Expected to Announce Quarterly Earnings on Wednesday

Meritage Hospitality Group (OTCMKTS:MHGU) is projected to post its quarterly earnings results on Wednesday, March 5th. Analysts expect Meritage Hospitality Group to post earnings of $0.58 per share and revenue of $171.00 million for the quarter.

Meritage Hospitality Group Stock Performance

Shares of Meritage Hospitality Group stock opened at $15.25 on Wednesday. The stock has a market cap of $101.43 million, a price-to-earnings ratio of 63.54 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. Meritage Hospitality Group has a twelve month low of $13.21 and a twelve month high of $18.70. The company’s fifty day moving average is $14.31 and its 200 day moving average is $15.31.

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.