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Pizza Pizza Royalty (TSE:PZA) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Pizza Pizza Royalty logo with Consumer Cyclical background

Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$13.05 and traded as high as C$13.09. Pizza Pizza Royalty shares last traded at C$13.04, with a volume of 34,835 shares changing hands.

Pizza Pizza Royalty Trading Up 0.2 %

The business's 50 day simple moving average is C$13.04 and its 200-day simple moving average is C$13.10. The stock has a market capitalization of C$323.75 million, a P/E ratio of 13.42 and a beta of 0.91. The company has a debt-to-equity ratio of 15.66, a current ratio of 0.20 and a quick ratio of 3.03.

Pizza Pizza Royalty Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be paid a dividend of $0.0775 per share. The ex-dividend date is Friday, January 31st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.07%. Pizza Pizza Royalty's dividend payout ratio (DPR) is presently 94.90%.

About Pizza Pizza Royalty

(Get Free Report)

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. The company was founded in 1967 and is headquartered in Toronto, Canada.

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