Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Crosses Above Two Hundred Day Moving Average of $15.63

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.63 and traded as high as C$15.90. Boston Pizza Royalties Income Fund shares last traded at C$15.79, with a volume of 17,831 shares changing hands.

Wall Street Analyst Weigh In

Separately, Acumen Capital cut their target price on Boston Pizza Royalties Income Fund from C$19.00 to C$18.50 in a research report on Monday, May 13th.

Boston Pizza Royalties Income Fund Stock Down 0.4 %

The firm has a 50 day simple moving average of C$15.85 and a two-hundred day simple moving average of C$15.63. The company has a market capitalization of C$336.01 million, a PE ratio of 11.78 and a beta of 1.60. The company has a current ratio of 3.47, a quick ratio of 17.13 and a debt-to-equity ratio of 44.38.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 28th will be paid a $0.113 dividend. The ex-dividend date is Friday, June 21st. This represents a $1.36 annualized dividend and a dividend yield of 8.59%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is currently 101.49%.

Boston Pizza Royalties Income Fund Company Profile

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.