Pizza Pizza Royalty (TSE:PZA) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Pizza Pizza Royalty Corp. (TSE:PZA) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$13.72 and traded as high as C$14.67. Pizza Pizza Royalty shares last traded at C$14.61, with a volume of 28,684 shares changing hands.

Analyst Ratings Changes

Separately, TD Securities raised their target price on shares of Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the company a “hold” rating in a research report on Tuesday, April 1st.

Pizza Pizza Royalty Stock Up 0.6%

The company has a current ratio of 0.19, a quick ratio of 3.03 and a debt-to-equity ratio of 15.72. The firm has a market cap of C$359.95 million, a PE ratio of 15.46 and a beta of 0.91. The business’s 50-day simple moving average is C$13.74 and its 200 day simple moving average is C$13.35.

Pizza Pizza Royalty Announces Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.0775 per share. This represents a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, April 30th. Pizza Pizza Royalty’s dividend payout ratio (DPR) is 98.39%.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians.