MHGU Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 15, 2025

Report Source: 2024 3rd Quarter Report

Analyst's Ratings for Meritage Hospitality Group Inc (MHGU)

Based on 7 analysts giving stock ratings to Meritage Hospitality Group Inc in the past 3 months

Strong
Sell
SellHoldBuyStrong
Buy
Strong Buy
29
Buy
57
Hold
14
Sell
0
Strong Sell
0
Meritage Hospitality Group Inc

Meritage Hospitality Group Inc. Stock Analysis MHGU

United States Consumer Discretionary Nano Cap Report:
Meritage Hospitality Group, Inc. engages in the development & operation of restaurants and leisure properties. The firm operates approximately 375 Wendy’s quick-service restaurants under franchise agreements with its franchisor, Quality Is Our Recipe, LLC. Wendy’s quick-service restaurants are in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Wendy’s restaurant offers square beef patties and Frosty desserts. The company also has nine independent restaurants under two concepts, Morning Belle and Blue Porch Bar & Grill. All nine restaurants are in Michigan. Morning Belle is a garden-themed breakfast, brunch, and lunch concept. The company also offers Daytime Cocktails, such as Mimosas, Bellinis, Bloody Marys, and four flavors of Spiked Cold Brew Coffee.
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Meritage Hospitality Group Inc (MHGU) Chart

Key Statistics of Meritage Hospitality Group Inc (MHGU)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.76$2.10

Today's Open

$1.76

Volume

1045.00

P/E Ratio (TTM)

-

52 Week Range

$1.65$13.49

Market Cap

14.15M

Avg. Volume

10.54K

Dividend Yield

-

Financial Metrics & Statements of Meritage Hospitality Group Inc (MHGU)

FAQ's for Meritage Hospitality Group Inc (MHGU)

  • According to Musaffa’s Shariah screening methodology, Meritage Hospitality Group Inc (MHGU) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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