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Pizza Pizza Royalty (TSE:PZA) Shares Cross Above 50-Day Moving Average - Time to Sell?

Pizza Pizza Royalty logo with Consumer Cyclical background

Shares of Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$13.02 and traded as high as C$13.23. Pizza Pizza Royalty shares last traded at C$13.15, with a volume of 27,215 shares trading hands.

Pizza Pizza Royalty Stock Down 0.8 %

The stock's 50 day moving average is C$13.02 and its 200 day moving average is C$13.09. The company has a market capitalization of C$324.22 million, a PE ratio of 13.92 and a beta of 0.91. The company has a debt-to-equity ratio of 15.72, a quick ratio of 3.03 and a current ratio of 0.19.

Pizza Pizza Royalty Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a $0.0775 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.93 annualized dividend and a dividend yield of 7.07%. Pizza Pizza Royalty's payout ratio is 98.39%.

Pizza Pizza Royalty Company Profile

(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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