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Pizza Pizza Royalty (TSE:PZA) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Pizza Pizza Royalty logo with Consumer Cyclical background

Key Points

  • Pizza Pizza Royalty Corp. (TSE:PZA) stock price has surpassed its 50-day moving average, reaching a high of C$15.87 during trading.
  • The company declared a $0.0775 dividend to be paid on August 15th, with a high dividend payout ratio of 98.39%.
  • With a market capitalization of C$388.77 million, Pizza Pizza Royalty has a P/E ratio of 16.69 and maintains a debt-to-equity ratio of 15.72.
  • Five stocks we like better than Pizza Pizza Royalty.

Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$15.20 and traded as high as C$15.87. Pizza Pizza Royalty shares last traded at C$15.78, with a volume of 21,466 shares trading hands.

Pizza Pizza Royalty Stock Performance

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 company has a market capitalization of C$388.77 million, a P/E ratio of 16.69 and a beta of 0.91. The business's fifty day simple moving average is C$15.20 and its 200-day simple moving average is C$14.18.

Pizza Pizza Royalty Dividend Announcement

The firm also recently declared a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be given a $0.0775 dividend. Pizza Pizza Royalty's dividend payout ratio is presently 98.39%.

About Pizza Pizza Royalty

(Get Free Report)

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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