Diversified Royalty (OTCMKTS:BEVFF) Shares Down 1.2% – Here’s Why

Diversified Royalty Corp. (OTCMKTS:BEVFFGet Free Report)’s share price traded down 1.2% on Tuesday . The company traded as low as $2.17 and last traded at $2.17. 5,378 shares changed hands during trading, a decline of 10% from the average session volume of 5,968 shares. The stock had previously closed at $2.20.

Diversified Royalty Price Performance

The company has a debt-to-equity ratio of 0.90, a current ratio of 5.73 and a quick ratio of 5.73. The firm has a market capitalization of $359.13 million, a PE ratio of 13.58 and a beta of 1.30. The firm has a 50-day simple moving average of $2.15 and a 200-day simple moving average of $2.07.

Diversified Royalty (OTCMKTS:BEVFFGet Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $12.27 million for the quarter. Diversified Royalty had a net margin of 51.17% and a return on equity of 11.97%.

About Diversified Royalty

(Get Free Report)

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.

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