Diversified Royalty (OTCMKTS:BEVFF) Announces Quarterly Earnings Results

Diversified Royalty (OTCMKTS:BEVFF) posted its quarterly earnings data on Monday. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01, Zacks reports. Diversified Royalty had a net margin of 49.26% and a return on equity of 11.44%.

Diversified Royalty Trading Up 1.8 %

Shares of BEVFF stock traded up $0.03 during trading hours on Monday, reaching $1.94. 15,006 shares of the stock traded hands, compared to its average volume of 12,222. The business has a fifty day moving average price of $1.96 and a 200 day moving average price of $2.07. Diversified Royalty has a 1-year low of $1.73 and a 1-year high of $2.25. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $325.19 million, a PE ratio of 12.96 and a beta of 1.32.

About Diversified Royalty

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.