Pizza Pizza Royalty (TSE:PZA) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Pizza Pizza Royalty Corp. (TSE:PZA) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$13.28 and traded as low as C$12.69. Pizza Pizza Royalty shares last traded at C$12.74, with a volume of 68,263 shares trading hands.

Pizza Pizza Royalty Trading Down 1.4 %

The company has a debt-to-equity ratio of 15.66, a current ratio of 0.20 and a quick ratio of 3.03. The stock’s 50 day moving average is C$13.28 and its 200-day moving average is C$13.14. The company has a market capitalization of C$313.66 million, a P/E ratio of 13.00 and a beta of 0.91.

Pizza Pizza Royalty Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 7.35%. The ex-dividend date of this dividend was Thursday, October 31st. Pizza Pizza Royalty’s dividend payout ratio is currently 94.90%.

About Pizza Pizza Royalty

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.