Diversified Royalty (OTCMKTS:BEVFF) Shares Down 0.4%

Diversified Royalty Corp. (OTCMKTS:BEVFF – Get Rating)’s stock price traded down 0.4% during trading on Monday . The stock traded as low as $2.21 and last traded at $2.22. 96,500 shares changed hands during trading, an increase of 1,322% from the average session volume of 6,785 shares. The stock had previously closed at $2.23.

Analyst Ratings Changes

Separately, CIBC dropped their price target on shares of Diversified Royalty from C$3.50 to C$3.30 in a research report on Monday, March 13th.

Diversified Royalty Price Performance

The firm has a 50 day moving average price of $2.21 and a two-hundred day moving average price of $2.27. The company has a market cap of $317.10 million, a P/E ratio of 20.20 and a beta of 1.12. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.99 and a current ratio of 1.99.

Diversified Royalty (OTCMKTS:BEVFF – Get Rating) last issued its earnings results on Thursday, March 9th. The company reported ($0.02) earnings per share for the quarter. Diversified Royalty had a return on equity of 8.05% and a net margin of 34.29%. The business had revenue of $9.37 million for the quarter.

About Diversified Royalty

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Diversified Royalty Corp. engages in the acquisition of well-managed royalties from multi-location businesses and franchisors. It also owns the following trademarks: Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres. The company was founded on July 29, 1992 and is headquartered in Vancouver, Canada.