Yellow Pages (TSE:Y) Stock Price Passes Above 50 Day Moving Average - Here's Why

Shares of Yellow Pages Limited (TSE:Y - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$10.83 and traded as high as C$11.48. Yellow Pages shares last traded at C$11.39, with a volume of 2,702 shares.

Yellow Pages Stock Performance

The company has a 50 day simple moving average of C$10.83 and a 200-day simple moving average of C$10.97. The company has a debt-to-equity ratio of 66.82, a current ratio of 1.92 and a quick ratio of 3.26. The stock has a market cap of C$157.07 million, a P/E ratio of 4.51, a price-to-earnings-growth ratio of -0.32 and a beta of 0.86.

Yellow Pages Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 16th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.76%. Yellow Pages's dividend payout ratio is 39.52%.

About Yellow Pages

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.