MTY Food Group (TSE:MTY) Reaches New 12-Month Low - Should You Sell?

MTY Food Group Inc. (TSE:MTY - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$36.79 and last traded at C$37.20, with a volume of 6514 shares trading hands. The stock had previously closed at C$38.99.

MTY Food Group Stock Performance

The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 142.67. The firm has a market capitalization of C$915.21 million, a P/E ratio of 9.80, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. The company's 50 day moving average is C$43.22 and its 200-day moving average is C$45.63.

MTY Food Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Tuesday, February 4th. This is a boost from MTY Food Group's previous quarterly dividend of $0.28. MTY Food Group's dividend payout ratio is 27.97%.

MTY Food Group Company Profile

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.