Pollard Banknote (TSE:PBL) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Pollard Banknote Limited (TSE:PBL - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$19.49 and traded as high as C$19.82. Pollard Banknote shares last traded at C$19.60, with a volume of 21,616 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Raymond James decreased their target price on shares of Pollard Banknote from C$46.00 to C$39.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. Cormark cut their price target on shares of Pollard Banknote from C$42.00 to C$37.00 in a report on Thursday, March 27th.

Pollard Banknote Trading Up 0.5%

The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70. The firm has a market cap of C$540.64 million, a PE ratio of 11.24 and a beta of 0.63. The firm has a fifty day simple moving average of C$19.49 and a two-hundred day simple moving average of C$23.40.

Pollard Banknote Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Monday, March 31st. Pollard Banknote's dividend payout ratio (DPR) is currently 11.47%.

About Pollard Banknote

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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