Pollard Banknote (TSE:PBL) Shares Pass Below 50 Day Moving Average - Time to Sell?

Key Points

• Pollard Banknote's stock fell below its 50‑day moving average, trading as low as C$18.00 versus a 50‑day MA of C$18.43 and a 200‑day MA of C$19.41.
• Analysts maintain a consensus "Buy" with an average price target of C$34.67, though recent revisions were mixed (Raymond James cut its target to C$29 while ATB Cormark raised theirs to C$41).
• The company trades at a PE of 14.29 with a market cap of about C$487M, reported C$0.17 EPS on C$150.8M revenue last quarter, and pays an annualized dividend of C$0.20 for a ~1.1% yield.

Pollard Banknote Limited (TSE:PBL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$18.43 and traded as low as C$18.00. Pollard Banknote shares last traded at C$18.00, with a volume of 3,781 shares traded.

Analyst Upgrades and Downgrades

PBL has been the subject of a number of research reports. Raymond James Financial dropped their target price on shares of Pollard Banknote from C$33.00 to C$29.00 and set an "outperform" rating for the company in a research report on Thursday, March 12th. ATB Cormark Capital Markets upped their target price on shares of Pollard Banknote from C$36.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Thursday, March 12th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$34.67.

Pollard Banknote Trading Down 1.5%

The company has a market cap of C$487.22 million, a PE ratio of 14.29 and a beta of 1.04. The stock's 50 day moving average is C$18.43 and its 200-day moving average is C$19.41. The company has a quick ratio of 1.01, a current ratio of 1.69 and a debt-to-equity ratio of 46.33.

Pollard Banknote (TSE:PBL - Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported C$0.17 earnings per share (EPS) for the quarter. The company had revenue of C$150.76 million for the quarter. Pollard Banknote had a net margin of 5.81% and a return on equity of 9.56%. As a group, sell-side analysts anticipate that Pollard Banknote Limited will post 2.0250184 EPS for the current year.

Pollard Banknote Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.1%. Pollard Banknote's dividend payout ratio is presently 15.87%.

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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