Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Crosses Above Two Hundred Day Moving Average of $15.63

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.63 and traded as high as C$15.90. Boston Pizza Royalties Income Fund shares last traded at C$15.79, with a volume of 17,831 shares trading hands.

Wall Street Analyst Weigh In

Separately, Acumen Capital decreased their price target on Boston Pizza Royalties Income Fund from C$19.00 to C$18.50 in a research note on Monday, May 13th.

Boston Pizza Royalties Income Fund Trading Down 0.4 %

The company has a market cap of C$336.01 million, a price-to-earnings ratio of 11.78 and a beta of 1.60. The firm has a 50 day moving average price of C$15.85 and a two-hundred day moving average price of C$15.63. The company has a quick ratio of 17.13, a current ratio of 3.47 and a debt-to-equity ratio of 44.38.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 28th will be paid a $0.113 dividend. The ex-dividend date is Friday, June 21st. This represents a $1.36 annualized dividend and a dividend yield of 8.59%. Boston Pizza Royalties Income Fund’s payout ratio is 101.49%.

About Boston Pizza Royalties Income Fund

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.