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Pizza Pizza Royalty (TSE:PZA) Stock Price Up 0.5% - Should You Buy?

Pizza Pizza Royalty logo with Consumer Cyclical background

Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report)'s share price shot up 0.5% on Wednesday . The stock traded as high as C$13.27 and last traded at C$13.27. 55,778 shares changed hands during trading, an increase of 40% from the average session volume of 39,738 shares. The stock had previously closed at C$13.21.

Pizza Pizza Royalty Stock Performance

The business's 50-day moving average price is C$13.31 and its 200-day moving average price is C$13.15. The stock has a market cap of C$324.49 million, a P/E ratio of 13.45 and a beta of 0.91. The company has a debt-to-equity ratio of 15.66, a quick ratio of 3.03 and a current ratio of 0.20.

Pizza Pizza Royalty Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.078 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.10%. Pizza Pizza Royalty's payout ratio is currently 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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