Diversified Royalty (OTCMKTS:BEVFF) Trading Up 3.1% – Should You Buy?

Shares of Diversified Royalty Corp. (OTCMKTS:BEVFF) shot up 3.1% on Monday . The company traded as high as $1.99 and last traded at $1.99. 4,050 shares were traded during mid-day trading, a decline of 73% from the average session volume of 14,747 shares. The stock had previously closed at $1.93.

Wall Street Analyst Weigh In

Separately, CIBC reaffirmed a “neutral” rating on shares of Diversified Royalty in a research note on Tuesday, March 25th.

Diversified Royalty Price Performance

The company has a 50-day moving average price of $1.95 and a 200-day moving average price of $2.04. The firm has a market capitalization of $333.46 million, a PE ratio of 13.27 and a beta of 0.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.28 and a quick ratio of 4.28.

Diversified Royalty (OTCMKTS:BEVFF) last posted its quarterly earnings data on Monday, March 24th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. The business had revenue of $12.75 million for the quarter, compared to analysts’ expectations of $17.81 million. Diversified Royalty had a return on equity of 11.44% and a net margin of 49.26%.

Diversified Royalty Company Profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.