Yellow Pages (TSE:Y) Share Price Passes Above 50 Day Moving Average – Here’s Why

Shares of Yellow Pages Limited (TSE:Y) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$11.33 and traded as high as C$11.40. Yellow Pages shares last traded at C$11.35, with a volume of 2,496 shares changing hands.

Analyst Ratings Changes

Separately, National Bankshares upped their price target on shares of Yellow Pages from C$10.00 to C$10.50 in a report on Wednesday, November 13th.

Yellow Pages Stock Performance

The company has a debt-to-equity ratio of 69.83, a current ratio of 1.79 and a quick ratio of 3.26. The firm has a market cap of C$155.13 million, a P/E ratio of 4.69, a PEG ratio of -0.32 and a beta of 0.86. The stock’s 50 day moving average is C$11.36 and its two-hundred day moving average is C$10.34.

Yellow Pages (TSE:Y) last announced its quarterly earnings results on Tuesday, November 12th. The company reported C$0.46 EPS for the quarter. Yellow Pages had a return on equity of 52.88% and a net margin of 17.04%. As a group, equities analysts predict that Yellow Pages Limited will post 1.6202946 EPS for the current year.

Yellow Pages Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 16th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 8.74%. The ex-dividend date of this dividend was Wednesday, November 27th. Yellow Pages’s dividend payout ratio is 40.98%.

About Yellow Pages

Yellow Pages Limited, through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada. The company offers digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising.