MTY Food Group (TSE:MTY) Share Price Passes Above 200-Day Moving Average – Should You Sell?

MTY Food Group Inc. (TSE:MTYGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$45.76 and traded as high as C$52.36. MTY Food Group shares last traded at C$51.95, with a volume of 65,893 shares changing hands.

MTY Food Group Stock Performance

The company has a market cap of C$1.23 billion, a PE ratio of 13.09, a PEG ratio of 0.75 and a beta of 1.95. The company has a debt-to-equity ratio of 142.40, a current ratio of 0.61 and a quick ratio of 0.57. The business has a 50-day moving average of C$47.19 and a 200 day moving average of C$45.76.

MTY Food Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Tuesday, November 5th. MTY Food Group’s payout ratio is 28.21%.

About MTY Food Group

(Get Free Report)

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.

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