Pizza Pizza Royalty (TSE:PZA) Hits New 12-Month Low – Should You Sell?

Pizza Pizza Royalty Corp. (TSE:PZA – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The stock traded as low as C$10.15 and last traded at C$10.16, with a volume of 50266 shares traded. The stock had previously closed at C$10.32.

Analyst Upgrades and Downgrades

Separately, TD Securities raised shares of Pizza Pizza Royalty to a “hold” rating in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$14.00.

Read Our Latest Report on Pizza Pizza Royalty

Pizza Pizza Royalty Price Performance

The company has a quick ratio of 3.02, a current ratio of 1.66 and a debt-to-equity ratio of 15.27. The company has a 50 day simple moving average of C$11.87 and a 200-day simple moving average of C$13.25. The stock has a market cap of C$344.47 million, a price-to-earnings ratio of 11.20 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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