Pizza Pizza Royalty (OTCMKTS:PZRIF) Stock Price Up 8.8% – Still a Buy?

Pizza Pizza Royalty Corp. (OTCMKTS:PZRIF – Get Free Report)’s share price was up 8.8% during mid-day trading on Monday. The company traded as high as $7.53 and last traded at $7.53. Approximately 6,563 shares were traded during trading, an increase of 14% from the average daily volume of 5,738 shares. The stock had previously closed at $6.92.

Pizza Pizza Royalty Price Performance

The business’s 50 day simple moving average is $8.11 and its 200 day simple moving average is $9.20.

Pizza Pizza Royalty Company Profile

(Get Free Report)

Pizza Pizza Royalty Corp. is a Canadian royalty company associated with the Pizza Pizza and Pizza 73 restaurant brands. Rather than operating a conventional restaurant business, the company generates royalty income through licensing arrangements tied to the sales of participating restaurants operated under these brands.

Pizza Pizza is a quick-service pizza chain offering pizzas, chicken, salads, sides, desserts and beverages through restaurants, delivery, takeout and digital ordering channels.

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