Keg Royalties Income Fund (TSE:KEG.UN) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Keg Royalties Income Fund (TSE:KEG.UNGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.65 and traded as low as C$18.62. Keg Royalties Income Fund shares last traded at C$18.65, with a volume of 27,719 shares traded.

Keg Royalties Income Fund Price Performance

The company has a quick ratio of 2.11, a current ratio of 0.04 and a debt-to-equity ratio of 12.62. The company’s 50 day moving average is C$18.65 and its 200 day moving average is C$18.65. The firm has a market capitalization of C$211.68 million, a price-to-earnings ratio of 15.41 and a beta of 1.37.

About Keg Royalties Income Fund

(Get Free Report)

The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars. It operates 105 Keg restaurants in Canada and the United States. The Keg Royalties Income Fund was founded in 2002 and is headquartered in Richmond, Canada.

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