Riva Jean Richard Sells 2,100 Shares of Pollard Banknote Limited (TSE:PBL) Stock

Pollard Banknote Limited (TSE:PBL – Get Rating) Senior Officer Riva Jean Richard sold 2,100 shares of the business’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of C$25.00, for a total transaction of C$52,500.00.

Pollard Banknote Stock Down 2.2 %

TSE:PBL opened at C$23.50 on Friday. Pollard Banknote Limited has a 1-year low of C$15.77 and a 1-year high of C$25.70. The company has a 50-day moving average of C$23.70 and a 200 day moving average of C$20.44. The firm has a market cap of C$632.62 million, a PE ratio of 35.61 and a beta of 0.62. The company has a debt-to-equity ratio of 53.69, a current ratio of 1.76 and a quick ratio of 1.01.

Pollard Banknote (TSE:PBL – Get Rating) last released its quarterly earnings data on Tuesday, March 7th. The company reported C$0.39 earnings per share for the quarter. The business had revenue of C$126.90 million during the quarter, compared to analysts’ expectations of C$129.80 million. As a group, research analysts anticipate that Pollard Banknote Limited will post 0.8849558 EPS for the current fiscal year.

Pollard Banknote Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Thursday, June 29th. Pollard Banknote’s dividend payout ratio (DPR) is presently 24.24%.

Analysts Set New Price Targets

PBL has been the topic of several research reports. Cormark boosted their price target on shares of Pollard Banknote from C$25.00 to C$29.00 in a research report on Monday, March 13th. Canaccord Genuity Group raised shares of Pollard Banknote from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$18.50 to C$24.00 in a research note on Wednesday, March 8th.

About Pollard Banknote

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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.