Murat Armutlu Buys 2,000 Shares of MTY Food Group Inc (MTY) Stock
MTY Food Group Inc (TSE:MTY) Director Murat Armutlu purchased 2,000 shares of the stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of C$54.87 per share, for a total transaction of C$109,740.00. Following the completion of the acquisition, the director now directly owns 102,600 shares in the company, valued at C$5,629,662.
TSE MTY opened at C$54.67 on Tuesday. The firm has a market cap of $1.38 billion and a PE ratio of 20.01. The company has a current ratio of 0.50, a quick ratio of 0.42 and a debt-to-equity ratio of 46.10. MTY Food Group Inc has a 1-year low of C$45.22 and a 1-year high of C$73.19.
MTY Food Group (TSE:MTY) last released its quarterly earnings results on Thursday, April 11th. The company reported C$0.58 earnings per share for the quarter. The firm had revenue of C$107.30 million for the quarter. As a group, analysts forecast that MTY Food Group Inc will post 3.51000014446549 EPS for the current fiscal year.
MTY has been the topic of several research analyst reports. National Bank Financial reissued an “outperform” rating and set a C$70.00 price target on shares of MTY Food Group in a report on Friday, January 18th. Laurentian lowered their price target on MTY Food Group from C$65.00 to C$60.00 in a report on Saturday, April 13th. Finally, TD Securities lowered their price target on MTY Food Group from C$62.00 to C$60.00 in a report on Tuesday, February 19th.
WARNING: “Murat Armutlu Buys 2,000 Shares of MTY Food Group Inc (MTY) Stock” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/murat-armutlu-buys-2000-shares-of-mty-food-group-inc-mty-stock/3000558.html.
MTY Food Group Company Profile
MTY Food Group Inc operates as a franchisor in the quick service and casual dining food industry in Canada, the United States, and internationally. The company franchises and operates corporate-owned locations in the quick service restaurant and casual dining segments of the restaurant industry; and sells retail products under a multitude of banners.
Featured Article: Dollar Cost Averaging
Receive News & Ratings for MTY Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTY Food Group and related companies with MarketBeat.com's FREE daily email newsletter.