Keg Royalties Income Fund (TSE:KEG.UN) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Keg Royalties Income Fund (TSE:KEG.UN)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$18.65 and traded as high as C$18.65. Keg Royalties Income Fund shares last traded at C$18.65, with a volume of 27,719 shares.

Keg Royalties Income Fund Trading Down 0.1%

The stock has a market capitalization of C$211.68 million, a P/E ratio of 15.41 and a beta of 1.37. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. The business has a 50-day moving average price of C$18.65 and a two-hundred day moving average price of C$18.65.

Keg Royalties Income Fund Company Profile

The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars. It operates 105 Keg restaurants in Canada and the United States. The Keg Royalties Income Fund was founded in 2002 and is headquartered in Richmond, Canada.