Pizza Pizza Royalty Corp. (OTCMKTS:PZRIF – Get Free Report) shares were up 0.4% on Friday . The stock traded as high as $11.97 and last traded at $11.97. Approximately 703 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 857 shares. The stock had previously closed at $11.92.
Pizza Pizza Royalty Price Performance
The business’s 50 day moving average price is $11.74 and its 200-day moving average price is $11.34.
Pizza Pizza Royalty Company Profile
Pizza Pizza Royalty Corp is a Canadian royalty corporation structured to acquire and hold the royalty rights associated with the Pizza Pizza and Pizza 73 restaurant brands. The company’s primary business activity is to collect royalty payments based on a fixed percentage of system-wide gross sales generated by its franchise network. By owning these royalty interests, Pizza Pizza Royalty Corp provides investors with exposure to a stable and growing cash flow stream derived from pizza retail operations across Canada.
The company’s royalty rights cover over 700 restaurant locations operating under the Pizza Pizza and Pizza 73 banners, with a presence in Ontario, Alberta, and other Canadian provinces.
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