Pizza Pizza Royalty (TSE:PZA) Sets New 12-Month Low at $12.80

Pizza Pizza Royalty Corp. (TSE:PZA) shares hit a new 52-week low on Thursday . The company traded as low as C$12.80 and last traded at C$13.03, with a volume of 18685 shares trading hands. The stock had previously closed at C$12.93.

Pizza Pizza Royalty Stock Performance

The company has a market cap of C$322.03 million, a price-to-earnings ratio of 13.54 and a beta of 0.95. The stock’s fifty day simple moving average is C$13.23 and its two-hundred day simple moving average is C$13.83. The company has a debt-to-equity ratio of 15.61, a quick ratio of 3.03 and a current ratio of 3.09.

Pizza Pizza Royalty (TSE:PZA) last issued its earnings results on Thursday, May 9th. The company reported C$0.23 EPS for the quarter. Pizza Pizza Royalty had a net margin of 77.82% and a return on equity of 10.63%. The business had revenue of C$148.90 million for the quarter. Equities research analysts anticipate that Pizza Pizza Royalty Corp. will post 1 EPS for the current year.

Pizza Pizza Royalty Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date is Friday, June 28th. Pizza Pizza Royalty’s dividend payout ratio is presently 96.88%.

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.