Yellow Pages (TSE:Y) Shares Cross Below Fifty Day Moving Average - Here's Why

Key Points

• Technical alert: Yellow Pages crossed below its 50-day moving average of C$12.71, with shares last at C$12.71 and down about 1.2% on light volume (615 shares).
• The company paid a quarterly dividend of $0.25 on March 16 (annualized $1.00), representing a 7.9% yield and a payout ratio of 76.34%.
• Key fundamentals: market capitalization C$172.46M and P/E 9.7, offset by a high debt-to-equity of 131.81 but strong liquidity (quick ratio 3.26, current ratio 2.55); the 200-day moving average is C$11.77.

Yellow Pages Limited (TSE:Y - ) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$12.71 and traded as low as C$12.71. Yellow Pages shares last traded at C$12.71, with a volume of 615 shares trading hands.

Yellow Pages Trading Down 1.2%

The company has a debt-to-equity ratio of 131.81, a quick ratio of 3.26 and a current ratio of 2.55. The firm has a market capitalization of C$172.46 million, a price-to-earnings ratio of 9.70, a P/E/G ratio of -0.32 and a beta of 0.86. The business has a fifty day moving average price of C$12.71 and a 200 day moving average price of C$11.77.

Yellow Pages Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, February 25th. This represents a $1.00 annualized dividend and a yield of 7.9%. Yellow Pages's dividend payout ratio is currently 76.34%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.