Restaurant Brands International (TSE:QSR) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$92.42 and traded as high as C$98.70. Restaurant Brands International shares last traded at C$97.89, with a volume of 337,670 shares.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. TD Cowen downgraded Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 14th. Argus raised Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 19th.

Restaurant Brands International Trading Up 0.1%

The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. The stock has a market capitalization of C$22.17 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The business's 50-day moving average is C$92.45 and its two-hundred day moving average is C$93.35.

Restaurant Brands International Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, April 4th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International's payout ratio is 62.98%.

Insider Transactions at Restaurant Brands International

In other news, Senior Officer Jacqueline Friesner sold 70,000 shares of the company's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of C$96.71, for a total transaction of C$6,769,728.00. Also, Director Vicente Tome sold 3,115 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of C$99.03, for a total transaction of C$308,474.71. In the last three months, insiders sold 108,544 shares of company stock valued at $10,546,799. Corporate 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.