Boston Pizza Royalties Income Fund (TSE:BPF.UN) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.36 and traded as high as C$17.56. Boston Pizza Royalties Income Fund shares last traded at C$17.45, with a volume of 23,308 shares traded.

Boston Pizza Royalties Income Fund Stock Performance

The stock has a market capitalization of C$371.34 million, a price-to-earnings ratio of 14.79 and a beta of 1.56. The company’s fifty day simple moving average is C$17.16 and its 200 day simple moving average is C$17.36. The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35.

Boston Pizza Royalties Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th will be given a $0.115 dividend. The ex-dividend date is Monday, April 21st. This represents a $1.38 dividend on an annualized basis and a dividend yield of 7.91%. Boston Pizza Royalties Income Fund’s payout ratio is presently 115.25%.

About Boston Pizza Royalties Income Fund

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.