MHGU Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: January 15, 2025
Report Source: 2024 3rd Quarter Report
Meritage Hospitality Group Inc. Stock Analysis MHGU
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.
Read More 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
Today's Open
$1.76Volume
1045.00P/E Ratio (TTM)
-52 Week Range
Market Cap
14.15MAvg. Volume
10.54KDividend 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.