Pizza Pizza Royalty (TSE:PZA) Shares Up 0.5% – Still a Buy?

Pizza Pizza Royalty Corp. (TSE:PZA) shot up 0.5% during mid-day trading on Wednesday . The company traded as high as C$13.27 and last traded at C$13.27. 55,778 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 39,738 shares. The stock had previously closed at C$13.21.

Pizza Pizza Royalty Trading Down 0.2 %

The company has a current ratio of 0.20, a quick ratio of 3.03 and a debt-to-equity ratio of 15.66. The stock has a 50-day simple moving average of C$13.31 and a two-hundred day simple moving average of C$13.15. The firm has a market capitalization of C$324.00 million, a P/E ratio of 13.43 and a beta of 0.91.

Pizza Pizza Royalty Dividend Announcement

The business also recently declared 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 7.11%. The ex-dividend date of this dividend was Thursday, October 31st. Pizza Pizza Royalty’s payout ratio is 94.90%.

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 Pizza 73 brands in Canada. The company was founded in 1967 and is headquartered in Toronto, Canada.