The stock of Imvescor Restaurant Group Inc (TSE:IRG) is a huge mover today! The stock increased 0.65% or $0.02 on September 13, hitting $3.1. About 45,972 shares traded hands. Imvescor Restaurant Group Inc (TSE:IRG) has risen 25.71% since February 5, 2016 and is uptrending. It has outperformed by 9.23% the S&P500.
The move comes after 5 months positive chart setup for the $175.07 million company. It was reported on Sep, 14 by Barchart.com. We have $7.60 PT which if reached, will make TSE:IRG worth $253.85 million more.
Imvescor Restaurant Group Inc. is a franchise and licensing company. The company has a market cap of $175.07 million. The Company’s operating divisions are Franchising, Manufacturing and Corporate. It has a 14.83 P/E ratio. The Franchising segment comprises franchising royalties, supplier contributions and franchise fees from the Company’s franchised restaurant brands, as well as retail royalties from the sales of branded products to retailers.
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