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

Meritage Hospitality Group (OTCMKTS:MHGU) is expected to be posting its results before the market opens on Friday, March 6th. Analysts expect Meritage Hospitality Group to post earnings of $0.48 per share for the quarter.

Meritage Hospitality Group Price Performance

Shares of MHGU stock opened at $2.90 on Thursday. Meritage Hospitality Group has a 12 month low of $2.07 and a 12 month high of $14.60. The company has a market capitalization of $19.40 million, a P/E ratio of -1.76 and a beta of -0.07. The stock has a 50 day moving average of $2.58 and a two-hundred day moving average of $6.09. The company has a current ratio of 0.21, a quick ratio of 0.17 and a debt-to-equity ratio of 1.17.

Meritage Hospitality Group Company Profile

Meritage Hospitality Group (OTCMKTS: MHGU) is a diversified hospitality company that invests in, develops and manages limited- and select-service hotels across the United States. The company’s core activities include identifying and acquiring strategic hotel assets, securing franchise affiliations with prominent lodging brands and overseeing day-to-day property operations through its in-house management platform. Meritage’s vertically integrated model seeks to capture value at each stage of the hotel lifecycle, from site selection and development to ongoing asset management and performance optimization.

Meritage partners with leading national and global hotel franchisors, typically operating under brands within the Marriott, Choice and IHG portfolios.