Restaurant Brands International (TSE:QSR) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

Shares of Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$93.71 and traded as low as C$92.41. Restaurant Brands International shares last traded at C$93.01, with a volume of 251,877 shares trading hands.

Wall Street Analysts Forecast Growth

QSR has been the topic of several recent research reports. Scotiabank upgraded shares of Restaurant Brands International to a "hold" rating in a research report on Wednesday, June 18th. Argus upgraded shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 19th.

Restaurant Brands International Trading Up 0.3%

The company has a market cap of C$21.12 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 2.22 and a beta of 0.95. The firm has a 50 day moving average price of C$93.71 and a two-hundred day moving average price of C$92.50. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, July 8th will be given a $0.62 dividend. The ex-dividend date is Tuesday, June 24th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.67%. Restaurant Brands International's dividend payout ratio (DPR) is currently 62.98%.

Insider Activity at Restaurant Brands International

In other news, Senior Officer Jacqueline Friesner sold 70,000 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of C$96.71, for a total value of C$6,769,728.00. Also, Director Vicente Tome sold 3,115 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of C$99.03, for a total value of C$308,474.71. Insiders have sold a total of 75,615 shares of company stock worth $7,325,533 over the last quarter. Company insiders own 1.24% of the company's stock.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton's supply chain operations.

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