Pizza Pizza Royalty (TSE:PZA) Share Price Passes Below 200-Day Moving Average of $13.88

Pizza Pizza Royalty Corp. (TSE:PZA)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.88 and traded as low as C$12.99. Pizza Pizza Royalty shares last traded at C$13.04, with a volume of 13,263 shares traded.

Pizza Pizza Royalty Trading Up 0.7 %

The firm has a market cap of C$321.04 million, a P/E ratio of 13.58 and a beta of 0.95. The company’s 50 day simple moving average is C$13.27 and its 200-day simple moving average is C$13.88. The company has a quick ratio of 3.03, a current ratio of 3.09 and a debt-to-equity ratio of 15.61.

Pizza Pizza Royalty (TSE:PZA) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.23 earnings per share (EPS) for the quarter. The firm had revenue of C$148.90 million during the quarter. Pizza Pizza Royalty had a return on equity of 10.63% and a net margin of 77.82%. As a group, research analysts predict that Pizza Pizza Royalty Corp. will post 1 earnings per share for the current fiscal year.

Pizza Pizza Royalty Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date is Friday, June 28th. Pizza Pizza Royalty’s payout ratio is presently 96.88%.

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.