Pollard Banknote (TSE:PBL) Sets New 1-Year Low at $19.65

Pollard Banknote Limited (TSE:PBL)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$19.65 and last traded at C$19.90, with a volume of 35966 shares trading hands. The stock had previously closed at C$28.32.

Wall Street Analysts Forecast Growth

Separately, Raymond James reduced their price target on shares of Pollard Banknote from C$43.00 to C$40.50 in a report on Friday, May 10th.

Pollard Banknote Stock Down 35.2 %

The business’s fifty day simple moving average is C$29.84 and its two-hundred day simple moving average is C$33.16. The company has a market cap of C$496.55 million, a PE ratio of 18.70 and a beta of 0.62. The company has a debt-to-equity ratio of 44.64, a current ratio of 1.64 and a quick ratio of 1.01.

Pollard Banknote (TSE:PBL) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.25 earnings per share (EPS) for the quarter. The company had revenue of C$125.74 million for the quarter, compared to the consensus estimate of C$132.30 million. Pollard Banknote had a return on equity of 12.17% and a net margin of 6.43%. On average, analysts predict that Pollard Banknote Limited will post 1.3992095 earnings per share for the current year.

Pollard Banknote Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, June 28th. Pollard Banknote’s dividend payout ratio is presently 16.26%.

Pollard Banknote Company Profile

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.