Diversified Royalty (OTCMKTS:BEVFF) Announces Quarterly Earnings Results

Diversified Royalty (OTCMKTS:BEVFF) issued its quarterly earnings results on Monday. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01, Zacks reports. Diversified Royalty had a net margin of 49.26% and a return on equity of 11.44%.

Diversified Royalty Price Performance

OTCMKTS:BEVFF traded up $0.03 during trading hours on Monday, reaching $1.94. 15,006 shares of the company’s stock were exchanged, compared to its average volume of 12,222. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $325.19 million, a P/E ratio of 12.96 and a beta of 1.32. Diversified Royalty has a 12 month low of $1.73 and a 12 month high of $2.25. The business’s 50-day simple moving average is $1.96 and its two-hundred day simple moving average is $2.07.

About Diversified Royalty

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.