Keg Royalties Income Fund (TSE:KEG.UN – Get Free Report)’s stock price was down 0.1% during trading on Tuesday. The company traded as low as C$18.62 and last traded at C$18.65. Approximately 27,719 shares were traded during mid-day trading, a decline of 27% from the average session volume of 37,952 shares. The stock had previously closed at C$18.66.
Keg Royalties Income Fund Price Performance
The stock’s fifty day moving average price is C$18.65 and its two-hundred day moving average price is C$18.65. The firm has a market capitalization of C$211.68 million, a price-to-earnings ratio of 15.41 and a beta of 1.37. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62.
About Keg Royalties Income Fund
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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