Fri Sep 20 07:38:52 UTC 2024: ## A&W Revenue Royalties Income Fund Surges Above 50-Day Moving Average
**North Vancouver, Canada – September 20, 2024** – A&W Revenue Royalties Income Fund (TSE:AW.UN) saw its shares climb above its 50-day moving average during Thursday’s trading session. The stock, which boasts a 50-day moving average of C$33.59, reached a high of C$35.05.
At the close of trading, A&W Revenue Royalties Income Fund shares settled at C$34.88, with a volume of 35,463 shares exchanged.
The company, a limited purpose trust, holds an investment in A&W Trade Marks Inc. through its ownership interest in A&W Trade Marks Limited Partnership. This ownership grants them the right to use the A&W trademarks within the Canadian quick service restaurant industry. A&W Revenue Royalties Income Fund licenses these trademarks to A&W Food Services of Canada Inc.
Founded in 2001, A&W Revenue Royalties Income Fund has a market capitalization of C$508.90 million. The company’s P/E ratio stands at 17.62, and its beta is 1.14. A&W Revenue Royalties Income Fund also boasts a current ratio of 3.51, a quick ratio of 2.57, and a debt-to-equity ratio of 16.97.
The stock’s 50-day moving average price sits at C$33.59, while its 200-day moving average price is C$30.93.
First Piper 