Pizza Pizza Royalty Corp (TSE:PZA)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as C$9.00 and last traded at C$9.17, with a volume of 129154 shares changing hands. The stock had previously closed at C$9.44.
Separately, TD Securities upped their target price on shares of Pizza Pizza Royalty from C$10.50 to C$11.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th.
The company has a debt-to-equity ratio of 16.35, a current ratio of 2.13 and a quick ratio of 2.13. The stock has a market cap of $230.64 million and a P/E ratio of 10.85. The company’s 50 day simple moving average is C$9.84 and its 200 day simple moving average is C$9.76.
The company also recently announced a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.071 dividend. This represents a $0.85 annualized dividend and a yield of 9.29%. The ex-dividend date of this dividend is Thursday, February 27th. Pizza Pizza Royalty’s payout ratio is presently 101.25%.
Pizza Pizza Royalty Company Profile (TSE:PZA)
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. As of January 1, 2019, the company had 772 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.
Receive News & Ratings for Pizza Pizza Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty and related companies with MarketBeat.com's FREE daily email newsletter.