A and W Revenue Royalties Income Fund (TSE:AW.UN) Share Price Passes Above 50 Day Moving Average – What’s Next?

A and W Revenue Royalties Income Fund (TSE:AW.UN) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$35.70 and traded as high as C$37.10. A and W Revenue Royalties Income Fund shares last traded at C$36.93, with a volume of 76,739 shares changing hands.

A and W Revenue Royalties Income Fund Stock Performance

The company has a market capitalization of C$538.81 million, a P/E ratio of 18.65 and a beta of 1.14. The stock’s fifty day moving average price is C$35.70 and its 200-day moving average price is C$32.39. The company has a debt-to-equity ratio of 16.97, a quick ratio of 2.57 and a current ratio of 3.51.

About A and W Revenue Royalties Income Fund

A&W Revenue Royalties Income Fund, a limited purpose trust, holds investment in A&W Trade Marks Inc, through its ownership interest in A&W Trade Marks Limited Partnership, owns the A&W trade-marks used in the A&W quick service restaurant business in Canada. The company licenses A&W trade-marks to A&W Food Services of Canada Inc A&W Revenue Royalties Income Fund was founded in 2001 and is based in North Vancouver, Canada.