The stock of MTY Food Group Inc. (TSE:MTY) is a huge mover today! About 14,337 shares traded hands. MTY Food Group Inc. (TSE:MTY) has risen 41.34% since March 29, 2016 and is uptrending. It has outperformed by 38.82% the S&P500.
The move comes after 9 months negative chart setup for the $995.35M company. It was reported on Nov, 2 by Barchart.com. We have $43.32 PT which if reached, will make TSE:MTY worth $89.58M less.
More important recent MTY Food Group Inc. (TSE:MTY) news were published by: Prnewswire.com which released: “Kahala Brands, Ltd. And MTY Food Group Inc. Announce Signing A Transaction …” on May 25, 2016, also Theglobeandmail.com published article titled: “The Globe and Mail”, Seekingalpha.com published: “MTY Food Group Inc. – Another Restaurant Stock For Your Portfolio” on September 22, 2015. More interesting news about MTY Food Group Inc. (TSE:MTY) was released by: Seekingalpha.com and their article: “MTY Food Group Just Doubled In Size With Latest Acquisition” with publication date: July 28, 2016.
MTY Food Group Inc. is a Canada-based company, which franchises and operates quick-service restaurants. The company has a market cap of $995.35 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 25.89 P/E ratio.
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