Restaurant Brands International (TSE:QSR) Stock Passes Below Fifty Day Moving Average - Here's Why

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR's stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$96.88 and traded as low as C$93.28. Restaurant Brands International shares last traded at C$93.69, with a volume of 228,085 shares changing hands.

Restaurant Brands International Price Performance

The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. The stock has a market capitalization of C$30.32 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a 50-day simple moving average of C$96.74 and a two-hundred day simple moving average of C$96.23.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last released its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 earnings per share for the quarter, missing analysts' consensus estimates of C$1.29 by C($0.02). The firm had revenue of C$3.13 billion during the quarter, compared to analyst estimates of C$3.15 billion. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. On average, equities research analysts predict that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd will be issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, December 20th. Restaurant Brands International's dividend payout ratio (DPR) is 57.09%.

Insider Buying and Selling

In related news, Director Joseph Patrick Doyle sold 42,052 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$96.16, for a total transaction of C$4,043,728.73. Also, Director Vicente Tome sold 1,990 shares of the company's stock in a transaction on Monday, November 18th. The shares were sold at an average price of C$96.66, for a total value of C$192,345.44. Insiders sold 66,735 shares of company stock valued at $6,459,478 over the last 90 days. 1.24% of the stock is currently owned by company insiders.

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.