Morton's Restaurant Group, Inc. (NYSE:MRT) Director Randy L. Churchey purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 4th. The stock was acquired at an average cost of $12.00 per share, with a total value of $180,000.00. Following the transaction, the director now directly owns 39,720 shares of the company’s stock, valued at $476,640. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Morton's Restaurant Group, Inc. (NYSE:MRT) opened at 11.47 on Wednesday. The company has a 50-day moving average of $11.63 and a 200 day moving average of $11.63. Morton's Restaurant Group, Inc. has a 52-week low of $11.17 and a 52-week high of $11.99.
Morton's Restaurant Group Company Profile
Morton’s Restaurant Group, Inc (MRG) is engaged in the business of owning and operating restaurants under the names Morton’s The Steakhouse (Morton’s) and Trevi (Trevi). As of January 2, 2011, the Company owned and operated 78 restaurants (77 Morton’s steakhouses and one Trevi restaurant). Its subsidiaries include Porterhouse, Inc, Morton’s of Chicago, Inc, Morton’s of Chicago/Atlanta, Inc, Morton’s of Chicago/Buckhead, Inc, Morton’s of Chicago/Chicago, Inc, Morton’s of Chicago/Cincinnati, Inc and Morton’s of Chicago/Clayton, Inc During the fiscal year ended January 2, 2011, (fiscal 2010), the Company opened a Morton’s steakhouse in Shanghai, China.
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