Benev Capital (OTCMKTS:BEVFF) Shares Down 6.8% – Here’s Why

Benev Capital Inc. (OTCMKTS:BEVFF) shares were down 6.8% during mid-day trading on Thursday . The company traded as low as $3.08 and last traded at $3.08. 9,659 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 84,419 shares. The stock had previously closed at $3.3050.

Benev Capital Stock Down 11.3%

The firm has a 50-day moving average price of $3.31 and a two-hundred day moving average price of $3.17. The company has a market capitalization of $553.07 million, a P/E ratio of 19.53 and a beta of 0.75. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 1.01.

Benev Capital (OTCMKTS:BEVFF) last released its earnings results on Thursday, May 14th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). Benev Capital had a net margin of 49.89% and a return on equity of 12.53%. The company had revenue of $13.56 million for the quarter, compared to analyst estimates of $13.89 million.

About Benev Capital

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. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was founded in 1960 and is headquartered in Vancouver, Canada.