Pizza Pizza Royalty (TSE:PZA) Stock Price Crosses Below Two Hundred Day Moving Average of $14.42

Pizza Pizza Royalty Corp. (TSE:PZA)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.42 and traded as low as C$14.03. Pizza Pizza Royalty shares last traded at C$14.10, with a volume of 37,576 shares.

Pizza Pizza Royalty Stock Down 0.7 %

The company has a debt-to-equity ratio of 15.95, a current ratio of 3.18 and a quick ratio of 3.03. The firm has a 50 day simple moving average of C$14.81 and a 200-day simple moving average of C$14.42. The stock has a market capitalization of C$347.14 million, a price-to-earnings ratio of 15.33 and a beta of 1.01.

Pizza Pizza Royalty (TSE:PZA) last announced its earnings results on Thursday, August 10th. The company reported C$0.25 EPS for the quarter. The company had revenue of C$158.48 million for the quarter. Pizza Pizza Royalty had a return on equity of 10.09% and a net margin of 76.51%. On average, sell-side analysts forecast that Pizza Pizza Royalty Corp. will post 0.9799585 EPS for the current fiscal year.

Pizza Pizza Royalty Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.075 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.38%. The ex-dividend date of this dividend is Wednesday, August 30th. Pizza Pizza Royalty’s payout ratio is presently 97.83%.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. It also distributes food. The company was founded in 1967 and is headquartered in Toronto, Canada.