Yellow Pages (TSE:Y) Shares Break Above 50 Day Moving Average – Should You Sell?

Yellow Pages Limited (TSE:Y) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$13.46 and traded as high as C$14.10. Yellow Pages shares last traded at C$14.10, with a volume of 228 shares changing hands.

Analysts Set New Price Targets

Separately, National Bank Financial upped their target price on 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 analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$12.50.

Yellow Pages Price Performance

The company has a 50 day moving average price of C$13.47 and a 200-day moving average price of C$13.05. The company has a market cap of C$159.63 million, a price-to-earnings ratio of 9.94, a P/E/G ratio of -0.32 and a beta of 0.99. The company has a quick ratio of 3.26, a current ratio of 2.23 and a debt-to-equity ratio of 113.63.

Yellow Pages (TSE:Y) last posted its earnings results on Thursday, August 6th. The company reported C$0.29 EPS for the quarter. Yellow Pages had a net margin of 9.95% and a return on equity of 40.00%. The business had revenue of C$47.56 million for the quarter. As a group, equities research analysts predict that Yellow Pages Limited will post 1.62 EPS for the current fiscal year.

Yellow Pages Announces Dividend

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