Yellow Pages (TSE:Y) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Yellow Pages Limited (TSE:Y) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$11.33 and traded as high as C$11.40. Yellow Pages shares last traded at C$11.35, with a volume of 2,496 shares traded.

Wall Street Analysts Forecast Growth

Separately, National Bankshares increased their price objective on shares of Yellow Pages from C$10.00 to C$10.50 in a research report on Wednesday, November 13th.

Yellow Pages Price Performance

The stock has a market capitalization of C$155.13 million, a price-to-earnings ratio of 4.69, a P/E/G ratio of -0.32 and a beta of 0.86. The company’s 50-day simple moving average is C$11.36 and its 200-day simple moving average is C$10.34. The company has a debt-to-equity ratio of 69.83, a current ratio of 1.79 and a quick ratio of 3.26.

Yellow Pages (TSE:Y) last released its quarterly earnings results on Tuesday, November 12th. The company reported C$0.46 earnings per share for the quarter. Yellow Pages had a return on equity of 52.88% and a net margin of 17.04%. Research analysts forecast that Yellow Pages Limited will post 1.6202946 earnings per share for the current fiscal year.

Yellow Pages Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.00 annualized dividend and a dividend yield of 8.74%. Yellow Pages’s dividend payout ratio (DPR) is presently 40.98%.

About Yellow Pages

Yellow Pages Limited, through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada. The company offers digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising.