Shares of Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$14.17 and traded as high as C$14.90. Pizza Pizza Royalty shares last traded at C$14.81, with a volume of 25,087 shares.
Wall Street Analyst Weigh In
Separately, TD Securities raised their price target on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the company a "hold" rating in a report on Tuesday, April 1st.
View Our Latest Stock Analysis on PZA
Pizza Pizza Royalty Stock Performance
The stock has a 50-day moving average price of C$14.17 and a 200 day moving average price of C$13.54. The company has a market cap of C$364.88 million, a price-to-earnings ratio of 15.67 and a beta of 0.91. The company has a debt-to-equity ratio of 15.72, a current ratio of 0.19 and a quick ratio of 3.03.
Pizza Pizza Royalty Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, June 13th will be given a dividend of $0.0775 per share. This represents a $0.93 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Friday, May 30th. Pizza Pizza Royalty's dividend payout ratio (DPR) is 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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