Pizza Pizza Royalty (TSE:PZA) Shares Cross Below 200-Day Moving Average of $14.08

Pizza Pizza Royalty Corp. (TSE:PZA)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$14.08 and traded as low as C$13.28. Pizza Pizza Royalty shares last traded at C$13.31, with a volume of 24,068 shares changing hands.

Pizza Pizza Royalty Stock Up 0.2 %

The company has a debt-to-equity ratio of 15.98, a quick ratio of 3.03 and a current ratio of 2.91. The company has a market cap of C$327.69 million, a price-to-earnings ratio of 13.86 and a beta of 0.96. The business has a 50-day simple moving average of C$13.92 and a 200-day simple moving average of C$14.08.

Pizza Pizza Royalty (TSE:PZA) last posted 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 return on equity of 10.57% and a net margin of 77.02%. On average, equities analysts anticipate that Pizza Pizza Royalty Corp. will post 1 earnings per share for the current fiscal year.

Pizza Pizza Royalty Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date of this dividend was Wednesday, March 27th. Pizza Pizza Royalty’s dividend payout ratio is currently 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.