Riva Jean Richard Sells 2,000 Shares of Pollard Banknote Limited (TSE:PBL) Stock

Pollard Banknote Limited (TSE:PBL) Senior Officer Riva Jean Richard sold 2,000 shares of Pollard Banknote stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$25.00, for a total transaction of C$50,000.00.

Pollard Banknote Stock Performance

Pollard Banknote stock opened at C$24.29 on Friday. The stock has a fifty day moving average of C$24.24 and a two-hundred day moving average of C$30.33. Pollard Banknote Limited has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company has a market capitalization of C$657.29 million, a price-to-earnings ratio of 17.47 and a beta of 0.62. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78.

Pollard Banknote (TSE:PBL) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C$0.43 earnings per share for the quarter. Pollard Banknote had a return on equity of 13.34% and a net margin of 7.17%. The company had revenue of C$137.80 million during the quarter, compared to the consensus estimate of C$138.58 million. On average, analysts anticipate that Pollard Banknote Limited will post 2.0239931 EPS for the current fiscal year.

Pollard Banknote Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, September 27th. Pollard Banknote’s dividend payout ratio is currently 14.39%.

Analysts Set New Price Targets

PBL has been the subject of a number of research reports. Cormark reduced their price objective on Pollard Banknote from C$34.00 to C$33.00 in a research note on Thursday, August 15th. Raymond James lifted their price objective on Pollard Banknote from C$40.50 to C$44.00 in a report on Thursday, August 15th. Canaccord Genuity Group upped their price target on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a research note on Tuesday, August 27th. Finally, Acumen Capital dropped their price objective on Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.