Pizza Pizza Royalty (TSE:PZA) Stock Price Passes Below 200-Day Moving Average of $13.73

Shares of Pizza Pizza Royalty Corp. (TSE:PZA) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$13.73 and traded as low as C$13.44. Pizza Pizza Royalty shares last traded at C$13.53, with a volume of 48,831 shares changing hands.

Pizza Pizza Royalty Stock Performance

The firm’s 50-day moving average is C$13.18 and its 200 day moving average is C$13.71. The stock has a market cap of C$333.11 million, a PE ratio of 14.09 and a beta of 0.95. The company has a debt-to-equity ratio of 15.61, a quick ratio of 3.03 and a current ratio of 3.09.

Pizza Pizza Royalty (TSE:PZA) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.23 EPS for the quarter. Pizza Pizza Royalty had a net margin of 77.82% and a return on equity of 10.63%. The firm had revenue of C$148.90 million during the quarter. As a group, research analysts anticipate that Pizza Pizza Royalty Corp. will post 1 EPS for the current year.

Pizza Pizza Royalty Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were paid a $0.078 dividend. The ex-dividend date was Friday, June 28th. This represents a $0.94 annualized dividend and a yield of 6.92%. Pizza Pizza Royalty’s dividend payout ratio is currently 96.88%.

About Pizza Pizza Royalty

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. The company was founded in 1967 and is headquartered in Toronto, Canada.