SIR Royalty Income Fund (TSE:SRV.UN) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.71 and traded as low as C$12.65. SIR Royalty Income Fund shares last traded at C$12.67, with a volume of 656 shares.

SIR Royalty Income Fund Trading Up 0.2 %

The stock has a 50 day simple moving average of C$12.77 and a 200-day simple moving average of C$12.71. The firm has a market cap of C$106.17 million, a PE ratio of 5.56 and a beta of 2.51.

SIR Royalty Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 28th were paid a $0.095 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date was Friday, February 14th. SIR Royalty Income Fund's dividend payout ratio (DPR) is 50.00%.

About SIR Royalty Income Fund

SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR's restaurants in Canada. The company operates concept restaurants under the Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House; and signature restaurant brands under the Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose brands.