MTY Food Group (TSE:MTY) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

MTY Food Group Inc. (TSE:MTY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$45.76 and traded as high as C$52.36. MTY Food Group shares last traded at C$51.95, with a volume of 65,893 shares.

MTY Food Group Stock Down 4.3 %

The stock has a fifty day simple moving average of C$47.57 and a two-hundred day simple moving average of C$45.93. The firm has a market cap of C$1.19 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.40.

MTY Food Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $1.32 annualized dividend and a dividend yield of 2.62%. This is a boost from MTY Food Group's previous quarterly dividend of $0.28. MTY Food Group's dividend payout ratio is presently 28.21%.

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.