Diversified Royalty (OTCMKTS:BEVFF) Trading 0.3% Higher – What’s Next?

Diversified Royalty Corp. (OTCMKTS:BEVFF) traded up 0.3% during trading on Tuesday . The stock traded as high as $2.20 and last traded at $2.20. 4,802 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 5,832 shares. The stock had previously closed at $2.19.

Diversified Royalty Price Performance

The stock has a market cap of $364.37 million, a P/E ratio of 14.64 and a beta of 1.30. The company has a 50 day simple moving average of $2.17 and a 200 day simple moving average of $2.07. The company has a current ratio of 5.73, a quick ratio of 5.73 and a debt-to-equity ratio of 0.90.

Diversified Royalty (OTCMKTS:BEVFF) last posted its quarterly earnings results on Friday, August 9th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $12.27 million for the quarter. Diversified Royalty had a return on equity of 11.59% and a net margin of 49.26%.

Diversified Royalty Company Profile

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.