Yellow Pages (TSE:Y) Shares Cross Above Fifty Day Moving Average – Here’s Why

Yellow Pages Limited (TSE:Y) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$11.23 and traded as high as C$11.74. Yellow Pages shares last traded at C$11.30, with a volume of 8,346 shares traded.

Yellow Pages Price Performance

The firm has a market cap of C$153.33 million, a price-to-earnings ratio of 11.77, a P/E/G ratio of -0.32 and a beta of 0.64. The business has a 50 day simple moving average of C$11.23 and a 200-day simple moving average of C$11.16. The company has a debt-to-equity ratio of 66.82, a quick ratio of 3.26 and a current ratio of 1.92.

Yellow Pages (TSE:Y) last posted its quarterly earnings data on Thursday, November 13th. The company reported C$0.29 earnings per share (EPS) for the quarter. The business had revenue of C$48.34 million during the quarter. Yellow Pages had a net margin of 15.71% and a return on equity of 63.35%. Equities research analysts expect that Yellow Pages Limited will post 1.6202946 earnings per share for the current year.

Yellow Pages Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 15th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $1.00 annualized dividend and a dividend yield of 8.8%. Yellow Pages’s dividend payout ratio (DPR) is currently 104.17%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.