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

Shares of MTY Food Group Inc. (TSE:MTY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$46.05 and traded as high as C$46.22. MTY Food Group shares last traded at C$46.11, with a volume of 129,732 shares.

MTY Food Group Trading Down 3.7 %

The business has a 50 day moving average of C$47.45 and a two-hundred day moving average of C$46.04. 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 firm has a market capitalization of C$993.32 million, a price-to-earnings ratio of 10.64, a P/E/G ratio of 0.75 and a beta of 1.95.

MTY Food Group Increases Dividend

The company also recently declared 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 is an increase from MTY Food Group's previous quarterly dividend of $0.28. This represents a $1.32 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Tuesday, February 4th. MTY Food Group's dividend payout ratio is 27.97%.

About MTY Food Group

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.