Pizza Pizza Royalty (TSE:PZA) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Pizza Pizza Royalty Corp. (TSE:PZA) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$13.03 and traded as high as C$13.23. Pizza Pizza Royalty shares last traded at C$13.20, with a volume of 51,132 shares.

Pizza Pizza Royalty Trading Down 0.2 %

The firm has a fifty day moving average price of C$13.03 and a 200-day moving average price of C$13.09. The company has a debt-to-equity ratio of 15.72, a current ratio of 0.19 and a quick ratio of 3.03. The company has a market capitalization of C$325.21 million, a P/E ratio of 13.97 and a beta of 0.91.

Pizza Pizza Royalty Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were paid a dividend of $0.0775 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date was Friday, January 31st. Pizza Pizza Royalty’s payout ratio is 98.39%.

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.