Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$14.94 and last traded at C$14.79, with a volume of 23856 shares. The stock had previously closed at C$14.85.
Wall Street Analysts Forecast Growth
Separately, TD Securities boosted their price target on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the stock a "hold" rating in a research report on Tuesday, April 1st.
Get Our Latest Stock Report on PZA
Pizza Pizza Royalty Stock Performance
The company has a quick ratio of 3.03, a current ratio of 0.19 and a debt-to-equity ratio of 15.72. The company has a 50 day moving average of C$14.06 and a 200 day moving average of C$13.49. The firm has a market cap of C$364.14 million, a price-to-earnings ratio of 15.64 and a beta of 0.91.
Pizza Pizza Royalty Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, June 13th will be issued a $0.0775 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.29%. 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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