Pollard Banknote Limited (TSE:PBL) Senior Officer Sells C$50,000.00 in Stock

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

Pollard Banknote Stock Performance

PBL stock traded down C$0.71 during trading on Friday, hitting C$24.29. 6,760 shares of the company’s stock traded hands, compared to its average volume of 13,378. Pollard Banknote Limited has a 52 week low of C$17.95 and a 52 week high of C$37.75. The stock has a fifty day moving average price of C$24.30 and a two-hundred day moving average price of C$30.45. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 45.40. The stock has a market capitalization of C$657.29 million, a price-to-earnings ratio of 17.70 and a beta of 0.62.

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

Pollard Banknote Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Friday, September 27th. Pollard Banknote’s dividend payout ratio (DPR) is 14.39%.

Analyst Ratings Changes

A number of research firms have recently commented on PBL. Acumen Capital reduced their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Raymond James raised their price target on shares of Pollard Banknote from C$40.50 to C$44.00 in a research report on Thursday, August 15th. Canaccord Genuity Group lifted 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, Cormark lowered their price objective on Pollard Banknote from C$34.00 to C$33.00 in a report on Thursday, August 15th.

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.