Diversified Royalty (OTCMKTS:BEVFF) Trading Up 1.4%

Diversified Royalty Corp (OTCMKTS:BEVFF)’s stock price shot up 1.4% during mid-day trading on Tuesday . The company traded as high as $2.39 and last traded at $2.39, 2,124 shares were traded during mid-day trading. An increase of 588% from the average session volume of 309 shares. The stock had previously closed at $2.36.

Separately, ValuEngine downgraded shares of Diversified Royalty from a “buy” rating to a “hold” rating in a report on Monday, November 4th.

The stock has a fifty day moving average price of $2.25 and a 200-day moving average price of $2.24. The firm has a market cap of $261.00 million, a PE ratio of 29.49 and a beta of 0.70. The company has a debt-to-equity ratio of 0.68, a quick ratio of 7.58 and a current ratio of 7.58.

Diversified Royalty (OTCMKTS:BEVFF) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.03 EPS for the quarter. The firm had revenue of $6.14 million for the quarter. Diversified Royalty had a net margin of 37.30% and a return on equity of 5.69%.

Diversified Royalty Company Profile (OTCMKTS:BEVFF)

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.

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