Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$14.92 and traded as low as C$14.21. Keg Royalties Income Fund shares last traded at C$14.35, with a volume of 9,746 shares changing hands.
Keg Royalties Income Fund Trading Down 0.8 %
The company has a fifty day simple moving average of C$14.53 and a 200-day simple moving average of C$14.92. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. The stock has a market cap of C$158.67 million, a price-to-earnings ratio of 11.55 and a beta of 1.37.
Keg Royalties Income Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were issued a dividend of $0.0946 per share. The ex-dividend date was Friday, February 21st. This represents a $1.14 annualized dividend and a yield of 8.12%. Keg Royalties Income Fund's payout ratio is presently 94.21%.
Insiders Place Their Bets
In other Keg Royalties Income Fund news, Senior Officer Kenneth Joseph Grondin bought 13,300 shares of the company's stock in a transaction dated Tuesday, December 10th. The shares were bought at an average price of C$15.20 per share, for a total transaction of C$202,222.51. Corporate insiders own 50.30% of the company's stock.
About Keg Royalties Income Fund
(
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The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars.
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