Pollard Banknote (TSE:PBL) Stock Crosses Above 50-Day Moving Average of $17.96

Pollard Banknote Limited (TSE:PBLGet Rating)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$17.96 and traded as high as C$20.00. Pollard Banknote shares last traded at C$19.94, with a volume of 9,259 shares trading hands.

Analyst Ratings Changes

Several analysts have weighed in on PBL shares. Acumen Capital dropped their price target on Pollard Banknote from C$38.00 to C$36.00 in a research note on Friday, August 12th. Cormark set a C$25.00 price objective on Pollard Banknote in a report on Monday, November 14th. Finally, Canaccord Genuity Group decreased their price objective on Pollard Banknote from C$22.00 to C$18.50 in a report on Thursday, November 10th.

Pollard Banknote Trading Up 0.7 %

The firm has a market cap of C$536.74 million and a price-to-earnings ratio of 39.88. The company has a current ratio of 2.05, a quick ratio of 1.01 and a debt-to-equity ratio of 63.61. The company has a fifty day moving average price of C$17.96 and a 200-day moving average price of C$19.90.

Pollard Banknote Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 13th. Investors of record on Saturday, December 31st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a $0.16 dividend on an annualized basis and a yield of 0.80%. Pollard Banknote’s payout ratio is 32.00%.

Pollard Banknote Company Profile

(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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