Pizza Pizza Royalty (TSE:PZA) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Pizza Pizza Royalty Corp. (TSE:PZAGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$13.17 and traded as low as C$12.97. Pizza Pizza Royalty shares last traded at C$13.02, with a volume of 54,488 shares trading hands.

Pizza Pizza Royalty Price Performance

The company has a debt-to-equity ratio of 15.66, a current ratio of 0.20 and a quick ratio of 3.03. The stock has a market capitalization of C$320.55 million, a price-to-earnings ratio of 13.29 and a beta of 0.91. The stock’s 50 day simple moving average is C$13.17 and its 200-day simple moving average is C$13.12.

Pizza Pizza Royalty Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 7.19%. The ex-dividend date of this dividend was Thursday, October 31st. Pizza Pizza Royalty’s dividend payout ratio (DPR) is presently 94.90%.

Pizza Pizza Royalty Company Profile

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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.

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