Diversified Royalty (OTCMKTS:BEVFF) PT Lowered to C$3.15

Diversified Royalty (OTCMKTS:BEVFFGet Rating) had its target price cut by equities researchers at CIBC from C$3.25 to C$3.15 in a report released on Monday, The Fly reports.

Shares of BEVFF traded up $0.17 during trading hours on Monday, reaching $2.19. The company’s stock had a trading volume of 8,700 shares, compared to its average volume of 2,759. The firm has a market cap of $271.44 million, a price-to-earnings ratio of 14.60 and a beta of 1.24. Diversified Royalty has a 1-year low of $2.00 and a 1-year high of $2.68. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average of $2.43 and a two-hundred day moving average of $2.32.

Diversified Royalty (OTCMKTS:BEVFFGet Rating) last issued its earnings results on Thursday, March 10th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $8.44 million for the quarter. Diversified Royalty had a return on equity of 12.39% and a net margin of 63.05%.

About Diversified Royalty (Get Rating)

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp.

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