Boston Pizza Royalties Income Fund (TSE:BPF.UN) Shares Pass Above 200-Day Moving Average of $15.66

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.66 and traded as high as C$16.24. Boston Pizza Royalties Income Fund shares last traded at C$16.09, with a volume of 35,814 shares traded.

Analyst Ratings Changes

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

Boston Pizza Royalties Income Fund Stock Down 0.1 %

The stock has a market capitalization of C$342.40 million, a PE ratio of 12.01 and a beta of 1.60. The stock’s 50-day moving average price is C$15.88 and its two-hundred day moving average price is C$15.66. The company has a debt-to-equity ratio of 44.38, a quick ratio of 17.13 and a current ratio of 3.47.

Boston Pizza Royalties Income Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 28th were paid a $0.113 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 8.43%. The ex-dividend date of this dividend was Friday, June 21st. Boston Pizza Royalties Income Fund’s payout ratio is 101.49%.

Boston Pizza Royalties Income Fund Company Profile

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.