Meritage Hospitality Group Inc. (MHGU) Stock

About Meritage Hospitality Group Inc.

Meritage Hospitality Group Inc. oversees and manages various quick-service and casual dining establishments. The company operates restaurants under the widely recognized Wendy's banner, as well as its own distinct brands: Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters. By January 2, 2022, its operational scope extended to 337 restaurants located across sixteen states, including Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. Incorporated in 1986, the organization was originally known as Thomas Edison Inns, Inc., adopting its current name, Meritage Hospitality Group Inc., in May 1996. Its principal office is situated in Grand Rapids, Michigan.

Meritage Hospitality Group Inc. is headquartered in US.

Meritage Hospitality Group Inc. (MHGU) stock trades at $2.00 with a market capitalization of $13.43M. The stock is valued at a price-to-earnings (P/E) ratio of -0.25, price-to-book of 0.15, price-to-sales of 0.02. Over the past 52 weeks the stock has ranged between $1.34 and $12.99, and currently trades 84.6% below its 52-week high.

On profitability, Meritage Hospitality Group Inc. generates a return on equity (ROE) of -48.44%, return on capital employed of -0.91%, an operating margin of -0.77%, a net profit margin of -8.74%.

Official website: www.meritagehospitality.com