Edward Peter Howard Nash Buys 1,421 Shares of Pizza Pizza Royalty Corp. (PZA.TO) (TSE:PZA) Stock

Pizza Pizza Royalty Corp. (PZA.TO) (TSE:PZA) Director Edward Peter Howard Nash purchased 1,421 shares of the company’s stock in a transaction that occurred on Wednesday, December 30th. The shares were acquired at an average cost of C$9.27 per share, for a total transaction of C$13,176.51. Following the completion of the transaction, the director now directly owns 4,009 shares of the company’s stock, valued at approximately C$37,174.25.

TSE:PZA opened at C$9.20 on Friday. The firm has a market capitalization of C$226.49 million and a price-to-earnings ratio of 11.50. Pizza Pizza Royalty Corp. has a 1-year low of C$5.26 and a 1-year high of C$10.14. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 16.30. The business’s fifty day moving average price is C$9.14 and its 200 day moving average price is C$8.74.

Pizza Pizza Royalty Corp. (PZA.TO) (TSE:PZA) last posted its quarterly earnings results on Wednesday, November 11th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$125.38 million for the quarter. Equities analysts forecast that Pizza Pizza Royalty Corp. will post 0.85 earnings per share for the current year.

The company also recently announced a monthly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be given a $0.055 dividend. This represents a $0.66 annualized dividend and a yield of 7.17%. The ex-dividend date is Wednesday, December 30th. Pizza Pizza Royalty Corp. (PZA.TO)’s payout ratio is currently 90.98%.

About Pizza Pizza Royalty Corp. (PZA.TO)

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. As of January 1, 2020, the company had 749 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.

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