Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$15.27 and last traded at C$15.25, with a volume of 8341 shares traded. The stock had previously closed at C$15.20.
Analyst Ratings Changes
Separately, TD Securities boosted their price objective on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the company a "hold" rating in a research note on Tuesday, April 1st.
Get Our Latest Stock Report on Pizza Pizza Royalty
Pizza Pizza Royalty Trading Up 1.2%
The company has a debt-to-equity ratio of 15.72, a quick ratio of 3.03 and a current ratio of 0.19. The business has a 50 day moving average of C$14.80 and a two-hundred day moving average of C$13.82. The firm has a market capitalization of C$381.38 million, a price-to-earnings ratio of 16.38 and a beta of 0.91.
Pizza Pizza Royalty Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, June 13th were issued a dividend of $0.0775 per share. The ex-dividend date was Friday, May 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.01%. Pizza Pizza Royalty's dividend payout ratio (DPR) is 98.39%.
About Pizza Pizza Royalty
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Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians.
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