Pollard Banknote (TSE:PBL) Share Price Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Pollard Banknote Limited shares have recently traded above their 50-day moving average of C$21.92, hitting a high of C$22.21 during trading.
• The company has declared a quarterly dividend of $0.05 per share, with a yield of 0.9% and a payout ratio of 11.47%.
• Pollard Banknote has a market cap of C$593.33 million and a price-to-earnings ratio of 12.34, indicating solid financial performance.

Pollard Banknote Limited (TSE:PBL - ) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$21.92 and traded as high as C$22.21. Pollard Banknote shares last traded at C$21.51, with a volume of 9,606 shares trading hands.

Pollard Banknote Price Performance

The stock has a market cap of C$593.33 million, a price-to-earnings ratio of 12.34 and a beta of 0.63. The company has a quick ratio of 1.01, a current ratio of 1.87 and a debt-to-equity ratio of 51.70. The company's 50-day moving average is C$21.92 and its 200-day moving average is C$22.22.

Pollard Banknote Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, June 30th. Pollard Banknote's dividend payout ratio (DPR) is currently 11.47%.

Pollard Banknote Company Profile

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.

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