Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$15.15 and last traded at C$15.15, with a volume of 16712 shares changing hands. The stock had previously closed at C$15.06.
Wall Street Analyst Weigh In
Separately, TD Securities upped their target price on shares of 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 Research Report on PZA
Pizza Pizza Royalty Price Performance
The firm's fifty day simple moving average is C$14.75 and its 200 day simple moving average is C$13.78. The firm has a market cap of C$372.76 million, a P/E ratio of 16.01 and a beta of 0.91. The company has a debt-to-equity ratio of 15.72, a quick ratio of 3.03 and a current ratio of 0.19.
Pizza Pizza Royalty Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Friday, June 13th. Investors of record on Friday, June 13th were given a $0.0775 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.15%. Pizza Pizza Royalty's dividend payout ratio is currently 98.39%.
Pizza Pizza Royalty Company Profile
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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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