The stock of MTY Food Group Inc (TSE:MTY) is a huge mover today! About 28,270 shares traded hands or 15.61% up from the average. MTY Food Group Inc (TSE:MTY) has risen 47.38% since April 26, 2016 and is uptrending. It has outperformed by 42.15% the S&P500.
The move comes after 9 months positive chart setup for the $1.09 billion company. It was reported on Nov, 30 by Barchart.com. We have $54.60 PT which if reached, will make TSE:MTY worth $98.10M more.
More notable 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 Seekingalpha.com with their article: “MTY Food Group Inc. – Another Restaurant Stock For Your Portfolio” published on September 22, 2015, Seekingalpha.com published: “MTY Food Group Just Doubled In Size With Latest Acquisition” on July 28, 2016. More interesting news about MTY Food Group Inc (TSE:MTY) were released by: Ocbj.com and their article: “Baja Fresh, La Salsa Sold” published on September 09, 2016 as well as Business.Financialpost.com‘s news article titled: “Food court mogul Stanley Ma bets big on US with $45M deal to buy Extreme …” with publication date: May 28, 2013.
MTY Food Group Inc is a Canada-based company, which franchises and operates quick-service restaurants. The company has a market cap of $1.09 billion. 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 27.25 P/E ratio.
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