Diversified Royalty Corp. (OTCMKTS:BEVFF - Get Free Report)'s stock price was down 0.2% during mid-day trading on Wednesday . The company traded as low as $2.18 and last traded at $2.18. Approximately 2,811 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 12,161 shares. The stock had previously closed at $2.18.
Wall Street Analyst Weigh In
Separately, CIBC restated a "neutral" rating on shares of Diversified Royalty in a research note on Tuesday, March 25th.
View Our Latest Stock Analysis on BEVFF
Diversified Royalty Trading Up 0.6%
The company has a current ratio of 4.28, a quick ratio of 4.28 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $370.36 million, a P/E ratio of 14.59 and a beta of 0.85. The stock's fifty day moving average price is $2.07 and its two-hundred day moving average price is $2.02.
Diversified Royalty (OTCMKTS:BEVFF - Get Free Report) last released its quarterly earnings results on Monday, March 24th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. Diversified Royalty had a net margin of 49.26% and a return on equity of 11.44%. The business had revenue of $12.75 million for the quarter, compared to analysts' expectations of $17.81 million.
About Diversified Royalty
(
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Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.
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