Pizza Pizza Royalty (TSE:PZA) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Pizza Pizza Royalty Corp. (TSE:PZA)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$13.02 and traded as high as C$13.23. Pizza Pizza Royalty shares last traded at C$13.15, with a volume of 27,215 shares.

Pizza Pizza Royalty Stock Down 0.5 %

The company has a market cap of C$323.98 million, a P/E ratio of 13.91 and a beta of 0.91. 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 stock has a fifty day moving average price of C$13.02 and a two-hundred day moving average price of C$13.09.

Pizza Pizza Royalty Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.0775 per share. This represents a $0.93 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date was Friday, January 31st. Pizza Pizza Royalty’s dividend 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.