Pizza Pizza Royalty (TSE:PZA) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Pizza Pizza Royalty Corp. (TSE:PZA)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.66 and traded as low as C$15.09. Pizza Pizza Royalty shares last traded at C$15.27, with a volume of 46,908 shares trading hands.

Pizza Pizza Royalty Trading Up 1.1%

The stock has a market cap of C$509.32 million, a PE ratio of 16.24 and a beta of 0.39. The company has a debt-to-equity ratio of 15.50, a quick ratio of 3.03 and a current ratio of 2.06. The company has a 50 day moving average of C$16.09 and a two-hundred day moving average of C$15.66.

Pizza Pizza Royalty (TSE:PZA) last issued its quarterly earnings results on Wednesday, March 25th. The company reported C$0.24 earnings per share (EPS) for the quarter. Pizza Pizza Royalty had a return on equity of 10.36% and a net margin of 76.82%. Sell-side analysts anticipate that Pizza Pizza Royalty Corp. will post 0.9896142 earnings per share for the current fiscal year.

About Pizza Pizza Royalty

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.