Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Crosses Above 200-Day Moving Average of $15.58

Shares of Boston Pizza Royalties Income Fund (TSE:BPF.UNGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.58 and traded as high as C$15.77. Boston Pizza Royalties Income Fund shares last traded at C$15.73, with a volume of 39,465 shares.

Wall Street Analyst Weigh In

Separately, Acumen Capital reduced their price target on Boston Pizza Royalties Income Fund from C$19.00 to C$18.50 in a research report on Monday, May 13th.

Check Out Our Latest Analysis on BPF.UN

Boston Pizza Royalties Income Fund Stock Performance

The company has a quick ratio of 17.13, a current ratio of 3.47 and a debt-to-equity ratio of 44.38. The business has a 50-day moving average price of C$15.76 and a 200-day moving average price of C$15.58. The firm has a market capitalization of C$334.73 million, a price-to-earnings ratio of 11.74 and a beta of 1.60.

Boston Pizza Royalties Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 31st will be given a $0.113 dividend. This represents a $1.36 annualized dividend and a dividend yield of 8.62%. The ex-dividend date is Friday, May 17th. Boston Pizza Royalties Income Fund’s payout ratio is 101.49%.

About Boston Pizza Royalties Income Fund

(Get Free Report)

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.

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