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

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR's stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$94.13 and traded as low as C$91.52. Restaurant Brands International shares last traded at C$92.15, with a volume of 568,739 shares traded.

Analyst Upgrades and Downgrades

Several research firms have recently commented on QSR. Argus raised shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 19th. Scotiabank raised shares of Restaurant Brands International to a "hold" rating in a report on Wednesday, June 18th.

Restaurant Brands International Stock Down 0.4%

The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The firm has a market capitalization of C$20.85 billion, a P/E ratio of 18.42, a P/E/G ratio of 2.22 and a beta of 0.95. The company has a 50 day simple moving average of C$94.13 and a two-hundred day simple moving average of C$92.34.

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Tuesday, July 8th were given a dividend of $0.62 per share. The ex-dividend date was Tuesday, June 24th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.70%. Restaurant Brands International's dividend payout ratio is currently 62.98%.

Insider Activity

In other news, Senior Officer Jacqueline Friesner sold 70,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was 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 that occurred on Thursday, May 29th. The shares were sold at an average price of C$99.03, for a total value of C$308,474.71. In the last ninety days, insiders sold 75,615 shares of company stock worth $7,325,533. 1.24% of the stock is currently owned by insiders.

About Restaurant Brands International

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.