MTY Food Group (TSE:MTY) Hits New 52-Week Low - Time to Sell?

MTY Food Group Inc. (TSE:MTY - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$40.17 and last traded at C$40.73, with a volume of 17346 shares changing hands. The stock had previously closed at C$40.95.

MTY Food Group Price Performance

The firm has a market capitalization of C$909.14 million, a PE ratio of 9.74, a P/E/G ratio of 0.75 and a beta of 1.95. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61. The stock has a fifty day moving average price of C$45.14 and a 200-day moving average price of C$45.85.

MTY Food Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.39%. This is an increase from MTY Food Group's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Tuesday, February 4th. MTY Food Group's 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.