MTY Food Group (TSE:MTY) Shares Cross Above 200-Day Moving Average – Should You Sell?

Posted by Trent Williams on Feb 19th, 2025

MTY Food Group Inc. (TSE:MTY – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$46.05 and traded as high as C$46.22. MTY Food Group shares last traded at C$46.11, with a volume of 129,732 shares.

MTY Food Group Price Performance

The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67. The stock has a 50 day simple moving average of C$47.65 and a 200-day simple moving average of C$46.05. The firm has a market cap of C$1.08 billion, a PE ratio of 11.52, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95.

MTY Food Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were given a dividend of $0.33 per share. The ex-dividend date was Tuesday, February 4th. This represents a $1.32 annualized dividend and a dividend yield of 2.86%. This is a boost from MTY Food Group’s previous quarterly dividend of $0.28. MTY Food Group’s dividend payout ratio (DPR) is currently 27.97%.

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.