Insider Selling: Pollard Banknote Limited (TSE:PBL) Senior Officer Sells 1,000 Shares of Stock

Pollard Banknote Limited (TSE:PBL) Senior Officer Jennifer Doris Westbury sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$27.01, for a total value of C$27,010.00.

Jennifer Doris Westbury also recently made the following trade(s):

• On Monday, August 14th, Jennifer Doris Westbury acquired 6,250 shares of Pollard Banknote stock. The stock was purchased at an average cost of C$10.00 per share, for a total transaction of C$62,500.00.

Pollard Banknote Stock Performance

Shares of TSE PBL opened at C$27.55 on Tuesday. The stock’s fifty day simple moving average is C$26.07 and its 200 day simple moving average is C$24.64. The stock has a market capitalization of C$741.65 million, a price-to-earnings ratio of 33.19 and a beta of 0.63. The company has a quick ratio of 1.01, a current ratio of 2.12 and a debt-to-equity ratio of 57.77. Pollard Banknote Limited has a 52-week low of C$15.77 and a 52-week high of C$27.95.

Pollard Banknote (TSE:PBL) last announced its quarterly earnings data on Thursday, August 10th. The company reported C$0.27 EPS for the quarter. The firm had revenue of C$130.30 million during the quarter, compared to analyst estimates of C$129.10 million. Pollard Banknote had a return on equity of 9.40% and a net margin of 4.49%. As a group, sell-side analysts forecast that Pollard Banknote Limited will post 1.4600551 earnings per share for the current fiscal year.

Pollard Banknote Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.58%. Pollard Banknote’s dividend payout ratio (DPR) is 19.28%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Cormark raised their target price on Pollard Banknote from C$29.00 to C$31.00 in a research note on Monday, August 14th. Raymond James lifted their price objective on shares of Pollard Banknote from C$29.00 to C$36.00 and gave the stock an “outperform” rating in a research note on Monday, August 14th.

Pollard Banknote Company Profile

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of gaming products and services for the lottery and charitable gaming industries worldwide. The company operates through Lotteries, Charitable Gaming, eGaming Systems, and Retail segments. It designs, manufactures, and distributes instant tickets, as well as offers related services.