Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$14.97 and last traded at C$14.90, with a volume of 13205 shares trading hands. The stock had previously closed at C$14.90.
Wall Street Analysts Forecast Growth
Separately, TD Securities upped their price objective on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the stock a "hold" rating in a research note on Tuesday, April 1st.
View Our Latest Report on PZA
Pizza Pizza Royalty Stock Performance
The firm's 50-day moving average price is C$14.34 and its 200-day moving average price is C$13.60. The company has a debt-to-equity ratio of 15.72, a current ratio of 0.19 and a quick ratio of 3.03. The stock has a market cap of C$367.09 million, a P/E ratio of 15.76 and a beta of 0.91.
Pizza Pizza Royalty Announces Dividend
The company also recently declared a monthly dividend, which was paid on Friday, June 13th. Investors of record on Friday, June 13th were paid a dividend of $0.0775 per share. This represents a $0.93 dividend on an annualized basis and a yield of 6.24%. The ex-dividend date of this dividend was Friday, May 30th. Pizza Pizza Royalty's payout ratio is presently 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.
Further Reading
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