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Pizza Pizza Royalty (TSE:PZA) Stock Passes Below Fifty Day Moving Average - Should You Sell?

Pizza Pizza Royalty logo with Consumer Cyclical background

Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$13.28 and traded as low as C$12.69. Pizza Pizza Royalty shares last traded at C$12.74, with a volume of 68,263 shares changing hands.

Pizza Pizza Royalty Stock Performance

The stock has a 50 day moving average of C$13.27 and a two-hundred day moving average of C$13.14. The stock has a market capitalization of C$321.54 million, a PE ratio of 13.33 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 Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.078 dividend. The ex-dividend date was Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a yield of 7.17%. Pizza Pizza Royalty's dividend payout ratio (DPR) is presently 94.90%.

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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