Pizza Pizza Royalty (TSE:PZA) Shares Cross Below 50 Day Moving Average – Time to Sell?

Posted by Anthony Miller on Jan 9th, 2025

Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$13.17 and traded as low as C$12.97. Pizza Pizza Royalty shares last traded at C$13.02, with a volume of 54,488 shares trading hands.

Pizza Pizza Royalty Trading Down 0.5 %

The business’s 50 day simple moving average is C$13.16 and its two-hundred day simple moving average is C$13.12. The stock has a market cap of C$316.86 million, a P/E ratio of 13.13 and a beta of 0.91. The company has a quick ratio of 3.03, a current ratio of 0.20 and a debt-to-equity ratio of 15.66.

Pizza Pizza Royalty Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were given a dividend of $0.078 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a yield of 7.27%. Pizza Pizza Royalty’s dividend payout ratio is currently 94.90%.

Pizza Pizza Royalty Company Profile

(Get Free Report)

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.