Pizza Pizza Royalty (TSE:PZA) Reaches New 1-Year Low – Here’s What Happened

Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$10.54 and last traded at C$10.64, with a volume of 37550 shares traded. The stock had previously closed at C$10.63.

Analyst Upgrades and Downgrades

Separately, TD Securities upgraded Pizza Pizza Royalty to a “hold” rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$14.00.

Read Our Latest Analysis on PZA

Pizza Pizza Royalty Price Performance

The stock’s 50 day moving average price is C$12.04 and its 200-day moving average price is C$13.40. The company has a quick ratio of 3.02, a current ratio of 1.66 and a debt-to-equity ratio of 15.27. The stock has a market capitalization of C$358.67 million, a PE ratio of 11.66 and a beta of 0.55.

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 Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.

Further Reading

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