Pollard Banknote (TSE:PBL) Stock Crosses Above Fifty Day Moving Average - What's Next?

Key Points

• Pollard Banknote shares recently crossed above their 50-day moving average of C$21.67, peaking at C$22.50 during trading.
• The company announced a quarterly dividend of $0.05, yielding an annualized rate of 0.90%, with a dividend payout ratio of 11.47%.
• Pollard Banknote has a market cap of C$610.98 million and a P/E ratio of 12.70, indicating potential value for investors.

Pollard Banknote Limited (TSE:PBL - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$21.67 and traded as high as C$22.50. Pollard Banknote shares last traded at C$22.15, with a volume of 8,851 shares.

Pollard Banknote Trading Up 1.5%

The stock's fifty day moving average price is C$21.79 and its 200 day moving average price is C$22.29. The company has a debt-to-equity ratio of 51.70, a current ratio of 1.87 and a quick ratio of 1.01. The stock has a market capitalization of C$622.84 million, a P/E ratio of 12.95 and a beta of 0.63.

Pollard Banknote Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were issued a $0.05 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. Pollard Banknote's dividend payout ratio is presently 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.