MTY Food Group Inc. (OTCMKTS:MTYFF – Get Free Report) shares fell 3% on Tuesday . The stock traded as low as $30.71 and last traded at $31.1750. 3,689 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 7,052 shares. The stock had previously closed at $32.1480.
MTY Food Group Trading Down 3.0%
The business has a 50-day moving average price of $29.42 and a 200-day moving average price of $27.63.
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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