Pizza Pizza Royalty (TSE:PZA) Shares Cross Below 200-Day Moving Average of $14.08

Posted by Joseph Casey on Apr 20th, 2024

Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.08 and traded as low as C$13.28. Pizza Pizza Royalty shares last traded at C$13.31, with a volume of 24,068 shares changing hands.

Pizza Pizza Royalty Trading Up 0.2 %

The stock has a 50-day moving average of C$13.92 and a 200 day moving average of C$14.08. The stock has a market cap of C$327.69 million, a PE ratio of 13.86 and a beta of 0.96. The company has a quick ratio of 3.03, a current ratio of 2.91 and a debt-to-equity ratio of 15.98.

Pizza Pizza Royalty (TSE:PZA – Get Free Report) last issued its earnings results on Wednesday, March 6th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$163.91 million for the quarter. Pizza Pizza Royalty had a return on equity of 10.57% and a net margin of 77.02%. As a group, sell-side analysts anticipate that Pizza Pizza Royalty Corp. will post 1 earnings per share for the current year.

Pizza Pizza Royalty Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.078 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.94 annualized dividend and a yield of 7.03%. Pizza Pizza Royalty’s dividend payout ratio is presently 96.88%.

Pizza Pizza Royalty Company Profile

(Get Free Report)

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.