Keg Royalties Income Fund (TSE:KEG.UN) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Keg Royalties Income Fund (TSE:KEG.UNGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$18.65 and traded as low as C$18.62. Keg Royalties Income Fund shares last traded at C$18.65, with a volume of 27,719 shares traded.

Keg Royalties Income Fund Trading Down 0.1%

The company has a quick ratio of 2.11, a current ratio of 0.04 and a debt-to-equity ratio of 12.62. The company has a market cap of C$211.68 million, a price-to-earnings ratio of 15.41 and a beta of 1.37. The firm has a 50 day moving average price of C$18.65 and a two-hundred day moving average price of C$18.65.

About Keg Royalties Income Fund

(Get Free Report)

The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars. It operates 105 Keg restaurants in Canada and the United States. The Keg Royalties Income Fund was founded in 2002 and is headquartered in Richmond, Canada.

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