The stock of Pizza Pizza Royalty Corp (TSE:PZA) is a huge mover today! About 18,997 shares traded hands or 44.11% up from the average. Pizza Pizza Royalty Corp (TSE:PZA) has risen 10.97% since March 29, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.
The move comes after 8 months positive chart setup for the $378.89M company. It was reported on Nov, 2 by Barchart.com. We have $36.59 PT which if reached, will make TSE:PZA worth $526.66M more.
More notable recent Pizza Pizza Royalty Corp (TSE:PZA) news were published by: Fool.ca which released: “Pizza Pizza Royalty Corp.: What Industry Consolidation Means for the Stock” on October 21, 2016, also Marketwired.com with their article: “Pizza Pizza Royalty Corp. Increases Monthly Dividend” published on April 20, 2015, Finance.Yahoo.com published: “Pizza Pizza Royalty Corp. Announces July Dividend and Timing of Second Quarter …” on July 25, 2016. More interesting news about Pizza Pizza Royalty Corp (TSE:PZA) were released by: Fool.ca and their article: “How Pizza Pizza Royalty Corp. and A&W Royalties Income Fund Can Pay You 1st” published on September 20, 2016 as well as Seekingalpha.com‘s news article titled: “Pizza Pizza: Alberta Down, Everywhere Else Is Up” with publication date: March 16, 2016.
Pizza Pizza Royalty Corp. owns the trademarks and trade names used by Pizza Pizza Limited in its Pizza Pizza and Pizza 73 restaurants. The company has a market cap of $378.89 million. PPL operates its Pizza Pizza Restaurants as franchise oriented restaurants and Pizza 73 Restaurants are owned, and operated as independent businesses. It has a 17.79 P/E ratio. It operates through receipt of royalty income from the ownership of the Pizza Pizza and Pizza 73 Rights and Marks segment.
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