The stock of MTY Food Group Inc. (TSE:MTY) is a huge mover today! About 24,862 shares traded hands or 6.98% up from the average. MTY Food Group Inc. (TSE:MTY) has risen 42.31% since February 5, 2016 and is uptrending. It has outperformed by 25.82% the S&P500.
The move comes after 7 months positive chart setup for the $911.19 million company. It was reported on Sep, 13 by Barchart.com. We have $72.06 PT which if reached, will make TSE:MTY worth $628.72M more.
MTY Food Group Inc. is a Canada-based company, which franchises and operates quick-service restaurants. The company has a market cap of $911.19 million. The Firm operates in four divisions: Franchising, which includes revenue from royalties, supplier contributions, franchise fees, rent, and the construction and renovation of restaurants; Corporate, which includes the direct sale of prepared food to customers; Distribution, which includes distribution of raw materials to restaurants of its Valentine and Franx banners, and processing, which includes the sale of ingredients and prepared food to restaurant chains, distributors and retailers. It has a 29.59 P/E ratio.
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