Pizza Pizza Royalty (TSE:PZA) Hits New 12-Month Low – Should You Sell?

Pizza Pizza Royalty Corp. (TSE:PZA) hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$10.15 and last traded at C$10.16, with a volume of 50266 shares traded. The stock had previously closed at C$10.32.

Analyst Ratings Changes

Separately, TD Securities upgraded Pizza Pizza Royalty to a “hold” rating in a research note on Friday, July 24th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Pizza Pizza Royalty currently has a consensus rating of “Hold” and a consensus target price of C$14.00.

Pizza Pizza Royalty Price Performance

The company has a quick ratio of 3.02, a current ratio of 1.66 and a debt-to-equity ratio of 15.27. The company has a market capitalization of C$344.47 million, a P/E ratio of 11.20 and a beta of 0.55. The business has a 50 day simple moving average of C$11.87 and a 200-day simple moving average of C$13.25.

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. The business activity of the group primarily functions through Canada.