Restaurant Brands International (TSE:QSR) Shares Cross Below 200 Day Moving Average - Should You Sell?

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR's stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$94.61 and traded as low as C$92.25. Restaurant Brands International shares last traded at C$92.41, with a volume of 1,088,690 shares trading hands.

Analysts Set New Price Targets

A number of research analysts recently issued reports on QSR shares. TD Cowen cut shares of Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a report on Friday, February 14th. Argus raised shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, Guggenheim upgraded shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th.

Restaurant Brands International Trading Down 0.3 %

The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The firm has a market capitalization of C$21.76 billion, a P/E ratio of 19.22, a PEG ratio of 2.22 and a beta of 0.95. The business has a 50 day moving average of C$93.54 and a 200-day moving average of C$94.69.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, April 4th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.59%. Restaurant Brands International's payout ratio is 62.98%.

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Insider Buying and Selling

In other news, Senior Officer Iv Curtis Thomas Benjamin sold 23,350 shares of Restaurant Brands International stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of C$92.06, for a total value of C$2,149,680.39. Also, Director Michele Keusch sold 820 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$89.16, for a total transaction of C$73,111.61. In the last ninety days, insiders sold 101,088 shares of company stock valued at $9,524,563. Company insiders own 1.24% of the company's stock.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton's supply chain operations.