Benev Capital (OTCMKTS:BEVFF) Trading 8.3% Higher – Here’s Why

Benev Capital Inc. (OTCMKTS:BEVFF) was up 8.3% during trading on Tuesday . The company traded as high as $3.4060 and last traded at $3.4060. Approximately 7,709 shares changed hands during trading, a decline of 28% from the average daily volume of 10,665 shares. The stock had previously closed at $3.1460.

Benev Capital Stock Up 8.3%

The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.86. The firm has a market cap of $582.94 million, a PE ratio of 22.71 and a beta of 0.72. The business’s 50-day simple moving average is $3.06 and its 200 day simple moving average is $2.87.

Benev Capital (OTCMKTS:BEVFF) last posted its earnings results on Thursday, May 14th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $13.56 million for the quarter, compared to analysts’ expectations of $13.89 million. Benev Capital had a net margin of 49.89% and a return on equity of 12.57%.

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.