Pizza Pizza Royalty (TSE:PZA) Stock Passes Below 50-Day Moving Average of $10.02

Pizza Pizza Royalty Corp (TSE:PZA) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.02 and traded as low as $9.72. Pizza Pizza Royalty shares last traded at $9.77, with a volume of 21,237 shares changing hands.

The company has a debt-to-equity ratio of 16.34, a current ratio of 2.20 and a quick ratio of 2.20. The stock has a market cap of $239.78 million and a price-to-earnings ratio of 11.45. The company’s fifty day moving average price is C$10.01 and its 200-day moving average price is C$10.03.

Pizza Pizza Royalty (TSE:PZA) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.21 earnings per share (EPS) for the quarter. The company had revenue of C$134.25 million for the quarter. On average, sell-side analysts forecast that Pizza Pizza Royalty Corp will post 0.69 earnings per share for the current fiscal year.

Pizza Pizza Royalty Company Profile (TSE:PZA)

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. As of January 1, 2019, the company had 772 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.

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