Benev Capital (OTCMKTS:BEVFF) Trading 8.3% Higher – Here’s Why

Shares of Benev Capital Inc. (OTCMKTS:BEVFF) traded up 8.3% during trading on Tuesday . The stock traded as high as $3.4060 and last traded at $3.4060. 7,709 shares were traded during mid-day trading, a decline of 28% from the average session volume of 10,665 shares. The stock had previously closed at $3.1460.

Benev Capital Stock Up 8.3%

The company has a market cap of $582.94 million, a PE ratio of 22.71 and a beta of 0.72. The company’s 50 day moving average is $3.06 and its 200 day moving average is $2.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.86.

Benev Capital (OTCMKTS:BEVFF) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $13.56 million during the quarter, compared to analysts’ expectations of $13.89 million. Benev Capital had a return on equity of 12.57% and a net margin of 49.89%.

About Benev Capital

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was founded in 1960 and is headquartered in Vancouver, Canada.