Diversified Royalty (OTCMKTS:BEVFF) Trading 3.1% Higher - Should You Buy?

Shares of Diversified Royalty Corp. (OTCMKTS:BEVFF - Get Free Report) were up 3.1% during mid-day trading on Monday . The stock traded as high as $1.99 and last traded at $1.99. Approximately 4,050 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 14,747 shares. The stock had previously closed at $1.93.

Wall Street Analysts Forecast Growth

Separately, CIBC restated a "neutral" rating on shares of Diversified Royalty in a research note on Tuesday, March 25th.

Diversified Royalty Trading Up 0.5 %

The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. The firm has a market cap of $336.81 million, a P/E ratio of 13.40 and a beta of 0.94. The firm's 50-day simple moving average is $1.95 and its 200 day simple moving average is $2.04.

Diversified Royalty (OTCMKTS:BEVFF - Get Free Report) last posted its quarterly earnings data on Monday, March 24th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. Diversified Royalty had a return on equity of 11.44% and a net margin of 49.26%. The business had revenue of $12.75 million for the quarter, compared to the consensus estimate of $17.81 million.

About Diversified Royalty

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.