Pizza Pizza Royalty (TSE:PZA) Shares Pass Above Fifty Day Moving Average of $13.98

Shares of Pizza Pizza Royalty Corp. (TSE:PZA – Get Rating) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$13.98 and traded as high as C$14.58. Pizza Pizza Royalty shares last traded at C$14.53, with a volume of 26,087 shares.

Pizza Pizza Royalty Price Performance

The company has a current ratio of 2.85, a quick ratio of 3.03 and a debt-to-equity ratio of 16.06. The firm has a market cap of C$357.73 million, a PE ratio of 16.33 and a beta of 1.05. The stock has a 50 day simple moving average of C$13.98 and a 200-day simple moving average of C$13.81.

Pizza Pizza Royalty (TSE:PZA – Get Rating) last issued its quarterly earnings data on Tuesday, March 7th. The company reported C$0.24 earnings per share for the quarter. The firm had revenue of C$153.19 million for the quarter. Equities analysts anticipate that Pizza Pizza Royalty Corp. will post 0.9373385 earnings per share for the current fiscal year.

Pizza Pizza Royalty Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be given a dividend of $0.072 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.95%. Pizza Pizza Royalty’s payout ratio is 97.75%.

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. It also distributes food. As of December 31, 2021, the company had 727 restaurants in the royalty pool. Pizza Pizza Royalty Corp.