Pizza Pizza Royalty (TSE:PZA) Shares Pass Below Two Hundred Day Moving Average of $14.09

Shares of Pizza Pizza Royalty Corp. (TSE:PZA) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$14.09 and traded as low as C$13.39. Pizza Pizza Royalty shares last traded at C$13.60, with a volume of 29,762 shares.

Pizza Pizza Royalty Stock Up 1.2 %

The company has a debt-to-equity ratio of 15.98, a current ratio of 2.91 and a quick ratio of 3.03. The business has a 50 day simple moving average of C$13.64 and a 200 day simple moving average of C$14.09. The company has a market capitalization of C$334.83 million, a price-to-earnings ratio of 14.17 and a beta of 0.94.

Pizza Pizza Royalty (TSE:PZA) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C$0.26 earnings per share (EPS) for the quarter. The company had revenue of C$163.91 million for the quarter. Pizza Pizza Royalty had a net margin of 77.02% and a return on equity of 10.57%. As a group, equities analysts predict that Pizza Pizza Royalty Corp. will post 1.0037313 earnings per share for the current fiscal year.

Pizza Pizza Royalty Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a $0.078 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.94 annualized dividend and a yield of 6.88%. Pizza Pizza Royalty’s dividend payout ratio is presently 96.88%.

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. The company was founded in 1967 and is headquartered in Toronto, Canada.