MTY Food Group Inc. (TSE:MTY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$45.06 and traded as high as C$45.98. MTY Food Group shares last traded at C$45.69, with a volume of 27,924 shares traded.
Analyst Ratings Changes
Separately, Raymond James lowered their price target on MTY Food Group from C$55.00 to C$50.00 in a report on Monday, April 14th.
View Our Latest Report on MTY
MTY Food Group Trading Up 0.6%
The firm has a market cap of C$1.07 billion, a price-to-earnings ratio of 11.41, a PEG ratio of 0.75 and a beta of 1.95. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61. The business has a fifty day moving average of C$41.72 and a two-hundred day moving average of C$45.06.
MTY Food Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Thursday, May 1st. MTY Food Group's dividend payout ratio is currently 27.97%.
MTY Food Group Company Profile
(
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MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.
Further Reading
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