MTY Food Group (OTCMKTS:MTYFF) Trading Up 1.1% – Time to Buy?

MTY Food Group Inc. (OTCMKTS:MTYFFGet Free Report)’s share price rose 1.1% on Tuesday . The company traded as high as $29.42 and last traded at $29.42. Approximately 12,688 shares changed hands during mid-day trading, an increase of 240% from the average daily volume of 3,736 shares. The stock had previously closed at $29.10.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of MTY Food Group in a research report on Tuesday, October 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Research Report on MTY Food Group

MTY Food Group Trading Up 1.1%

The firm has a fifty day moving average of $27.39 and a 200-day moving average of $27.40.

MTY Food Group Company Profile

(Get Free Report)

MTY Food Group Inc is a Canadian-based franchisor and operator of quick-service and casual dining restaurants, offering a diversified portfolio of branded food concepts. Headquartered in Montreal, Quebec, the company develops, markets and franchises a range of culinary formats that include Asian, sandwich, coffee shop, dessert, and Mexican-inspired menus. MTY’s business model combines corporate-owned units with a global network of franchisees, enabling the company to deliver consistent quality and support to its operators.

Since its founding in 1997, MTY has expanded through both organic growth and strategic acquisitions.

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