Pizza Pizza Royalty (TSE:PZA) Hits New 12-Month Low – Here’s Why

Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as C$10.54 and last traded at C$10.64, with a volume of 37550 shares changing hands. The stock had previously closed at C$10.63.

Wall Street Analyst Weigh In

Separately, TD Securities raised Pizza Pizza Royalty to a “hold” rating in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$14.00.

Read Our Latest Stock Report on Pizza Pizza Royalty

Pizza Pizza Royalty Stock Performance

The company has a debt-to-equity ratio of 15.27, a current ratio of 1.66 and a quick ratio of 3.02. The business has a 50-day moving average of C$12.04 and a 200-day moving average of C$13.40. The company has a market capitalization of C$358.67 million, a P/E ratio of 11.66 and a beta of 0.55.

Pizza Pizza Royalty Company Profile

(Get Free Report)

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.

Further Reading

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