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

Yellow Pages Limited (TSE:Y)’s share price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$13.20 and traded as high as C$13.80. Yellow Pages shares last traded at C$13.80, with a volume of 104 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial upped their price objective on shares of Yellow Pages from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a report on Monday, August 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Yellow Pages has a consensus rating of “Hold” and an average target price of C$12.50.

Yellow Pages Stock Performance

The stock has a market cap of C$159.51 million, a P/E ratio of 9.93, a P/E/G ratio of -0.32 and a beta of 0.98. The firm has a 50 day moving average of C$13.20 and a two-hundred day moving average of C$12.94. The company has a debt-to-equity ratio of 113.63, a quick ratio of 3.26 and a current ratio of 2.23.

Yellow Pages (TSE:Y) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.29 EPS for the quarter. Yellow Pages had a return on equity of 40.00% and a net margin of 9.95%.The company had revenue of C$47.56 million during the quarter. On average, research analysts predict that Yellow Pages Limited will post 1.6202946 EPS for the current fiscal year.

Yellow Pages Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 7.2%. The ex-dividend date was Monday, August 17th. Yellow Pages’s dividend payout ratio (DPR) is currently 71.94%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.