MTY Food Group Inc. (OTCMKTS:MTYFF – Get Free Report)’s share price was down 3.1% during mid-day trading on Wednesday . The company traded as low as $25.90 and last traded at $25.98. Approximately 1,017 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 7,477 shares. The stock had previously closed at $26.80.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on MTYFF. Royal Bank Of Canada restated a “sector perform” rating on shares of MTY Food Group in a research report on Monday, April 13th. Scotiabank reiterated a “sector perform” rating on shares of MTY Food Group in a research report on Monday, April 13th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.
Get Our Latest Research Report on MTY Food Group
MTY Food Group Stock Down 3.1%
About MTY Food Group
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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