Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$13.05 and traded as high as C$13.09. Pizza Pizza Royalty shares last traded at C$13.04, with a volume of 34,835 shares changing hands.
Pizza Pizza Royalty Price Performance
The company has a current ratio of 0.20, a quick ratio of 3.03 and a debt-to-equity ratio of 15.66. The firm has a market cap of C$321.04 million, a price-to-earnings ratio of 13.31 and a beta of 0.91. The stock’s fifty day moving average price is C$13.05 and its 200-day moving average price is C$13.11.
Pizza Pizza Royalty Cuts Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be paid a $0.0775 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.13%. Pizza Pizza Royalty’s payout ratio is presently 94.90%.
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 Pizza 73 brands in Canada. The company was founded in 1967 and is headquartered in Toronto, Canada.
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