MTY Food Group (TSE:MTY) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Posted by Donna Armstrong on Feb 19th, 2025

MTY Food Group Inc. (TSE:MTY – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$46.05 and traded as high as C$46.22. MTY Food Group shares last traded at C$46.11, with a volume of 129,732 shares trading hands.

MTY Food Group Stock Performance

The firm has a market cap of C$1.08 billion, a PE ratio of 11.52, a PEG ratio of 0.75 and a beta of 1.95. The firm’s 50 day simple moving average is C$47.65 and its 200 day simple moving average is C$46.05. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67.

MTY Food Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.33 per share. The ex-dividend date was Tuesday, February 4th. This is a positive change from MTY Food Group’s previous quarterly dividend of $0.28. This represents a $1.32 dividend on an annualized basis and a yield of 2.86%. MTY Food Group’s dividend payout ratio is presently 27.97%.

About MTY Food Group

(Get Free Report)

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.