Meritage OTC Stock Today

MHGU Stock  USD 19.50  0.03  0.15%   
Market Performance
1 of 100
Odds Of Distress
Less than 50
Meritage Hospitality is selling for under 19.50 as of the 6th of February 2023; that is 0.15% increase since the beginning of the trading day. The stock's last reported lowest price was 19.5. Meritage Hospitality has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Meritage Hospitality Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Business Domain
Consumer Services
IPO Date
2nd of February 1987
Category
Consumer Cyclical
Classification
Consumer Discretionary
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan. Meritage Hosp operates under Restaurants classification in the United States and is traded on OTC Exchange. The company has 6.6 M outstanding shares. More on Meritage Hospitality Group

Moving against Meritage Hospitality

-0.52TALTAL Education Group Downward RallyPairCorr

Meritage Hospitality OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Meritage Hospitality's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Meritage Hospitality or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobert Schermer
Fama & French Classification
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Meritage Hospitality's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Meritage Hospitality Group [MHGU] is traded as part of a regulated electronic over-the-counter service offered by the NASD. Meritage Hospitality is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 128.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Meritage Hospitality's market, we take the total number of its shares issued and multiply it by Meritage Hospitality's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Meritage Hospitality conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 6.6 M outstanding shares. Meritage Hospitality Group currently holds about 2.01 M in cash with 38.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Meritage Hospitality Probability Of Bankruptcy

Meritage Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Meritage Hospitality jumping above the current price in 90 days from now is about 50.0%. The Meritage Hospitality Group probability density function shows the probability of Meritage Hospitality otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Meritage Hospitality Group has a beta of -0.1661. This indicates as returns on benchmark increase, returns on holding Meritage Hospitality are expected to decrease at a much lower rate. During the bear market, however, Meritage Hospitality Group is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Meritage Hospitality is significantly underperforming NYSE Composite.
  Odds Below 19.5HorizonTargetOdds Above 19.5
49.64%90 days
 19.50 
50.00%
Based on a normal probability distribution, the odds of Meritage Hospitality to move above the current price in 90 days from now is about 50.0 (This Meritage Hospitality Group probability density function shows the probability of Meritage OTC Stock to fall within a particular range of prices over 90 days) .

Meritage Hospitality Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Meritage Hospitality market risk premium is the additional return an investor will receive from holding Meritage Hospitality long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Meritage Hospitality. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Meritage Hospitality's alpha and beta are two of the key measurements used to evaluate Meritage Hospitality's performance over the market, the standard measures of volatility play an important role as well.

Meritage Stock Against Markets

Picking the right benchmark for Meritage Hospitality otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Meritage Hospitality otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Meritage Hospitality is critical whether you are bullish or bearish towards Meritage Hospitality Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Meritage Hospitality without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Meritage Hospitality Corporate Directors

Meritage Hospitality corporate directors refer to members of a Meritage Hospitality board of directors. The board of directors generally takes responsibility for the Meritage Hospitality's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Meritage Hospitality's board members must vote for the resolution. The Meritage Hospitality board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Invested in Meritage Hospitality Group?

The danger of trading Meritage Hospitality Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Meritage Hospitality is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Meritage Hospitality. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Meritage Hospitality is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Meritage Hospitality information on this page should be used as a complementary analysis to other Meritage Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Meritage Hospitality price analysis, check to measure Meritage Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage Hospitality is operating at the current time. Most of Meritage Hospitality's value examination focuses on studying past and present price action to predict the probability of Meritage Hospitality's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Meritage Hospitality's price. Additionally, you may evaluate how the addition of Meritage Hospitality to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Meritage Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine Meritage Hospitality value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.