Pizza Pizza Royalty (TSE:PZA) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Pizza Pizza Royalty Corp. (TSE:PZA) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.24 and traded as low as C$13.06. Pizza Pizza Royalty shares last traded at C$13.15, with a volume of 53,768 shares trading hands.

Pizza Pizza Royalty Trading Up 0.5 %

The business has a 50 day simple moving average of C$13.23 and a two-hundred day simple moving average of C$13.13. The stock has a market cap of C$323.75 million, a price-to-earnings ratio of 13.42 and a beta of 0.91. The company has a current ratio of 0.20, a quick ratio of 3.03 and a debt-to-equity ratio of 15.66.

Pizza Pizza Royalty Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 7.12%. Pizza Pizza Royalty’s payout ratio is 94.90%.

About Pizza Pizza Royalty

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.