Pollard Banknote (TSE:PBL) Share Price Crosses Below 50-Day Moving Average of $20.72

Pollard Banknote Limited (TSE:PBLGet Rating) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$20.72 and traded as low as C$19.49. Pollard Banknote shares last traded at C$19.85, with a volume of 5,797 shares.

Wall Street Analyst Weigh In

Separately, Acumen Capital lowered their target price on Pollard Banknote from C$38.00 to C$36.00 in a research note on Friday, August 12th.

Pollard Banknote Price Performance

The company has a quick ratio of 0.98, a current ratio of 1.89 and a debt-to-equity ratio of 63.77. The company has a market cap of C$534.32 million and a PE ratio of 39.70. The stock has a 50-day simple moving average of C$20.72 and a 200 day simple moving average of C$21.98.

Pollard Banknote (TSE:PBLGet Rating) last posted its earnings results on Wednesday, August 10th. The company reported C$0.09 EPS for the quarter. The business had revenue of C$115.90 million during the quarter, compared to analysts’ expectations of C$124.46 million. Equities analysts expect that Pollard Banknote Limited will post 1.22 EPS for the current year.

Pollard Banknote Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.81%. Pollard Banknote’s dividend payout ratio is currently 32.00%.

About Pollard Banknote

(Get Rating)

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of gaming products and services for the lottery and charitable gaming industries worldwide. The company operates through two segments, Lotteries and Charitable Gaming, and eGaming Systems. It designs, manufactures, and distributes instant tickets, as well as offers related services.

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