The stock of Imvescor Restaurant Group Inc (TSE:IRG) is a huge mover today! About 17,800 shares traded hands. Imvescor Restaurant Group Inc (TSE:IRG) has risen 25.00% since March 24, 2016 and is uptrending. It has outperformed by 21.53% the S&P500.
The move comes after 6 months positive chart setup for the $184.39 million company. It was reported on Oct, 31 by Barchart.com. We have $5.70 PT which if reached, will make TSE:IRG worth $143.82M more.
More recent Imvescor Restaurant Group Inc (TSE:IRG) news were published by: Reuters.com which released: “BRIEF-ADW capital partners, Camac Partners look to sell Imvescor Restauran…” on August 22, 2016. Also Seekingalpha.com published the news titled: “Imvescor: Shareholders Pushing For A Sale” on September 07, 2016. Seekingalpha.com‘s news article titled: “Imvescor: Asset-Lite Diversified Franchisor With 50% Upside” with publication date: December 29, 2015 was also an interesting one.
Imvescor Restaurant Group Inc. is a franchise and licensing company. The company has a market cap of $184.39 million. The Company’s operating divisions are Franchising, Manufacturing and Corporate. It has a 15.31 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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