Riva Jean Richard Sells 2,000 Shares of Pollard Banknote Limited (TSE:PBL) Stock

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

Pollard Banknote Stock Down 2.8 %

TSE PBL opened at C$24.29 on Friday. The company has a market capitalization of C$657.29 million, a P/E ratio of 17.47 and a beta of 0.62. Pollard Banknote Limited has a 12 month low of C$17.95 and a 12 month high of C$37.75. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. The company’s 50 day simple moving average is C$24.24 and its 200 day simple moving average is C$30.33.

Pollard Banknote (TSE:PBL) last announced its earnings results on Tuesday, August 13th. The company reported C$0.43 EPS for the quarter. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%. The company had revenue of C$137.80 million during the quarter, compared to analysts’ expectations of C$138.58 million. Equities research analysts expect that Pollard Banknote Limited will post 2.0239931 earnings per share for the current fiscal year.

Pollard Banknote Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently issued reports on PBL shares. Raymond James upped their price target on shares of Pollard Banknote from C$40.50 to C$44.00 in a report on Thursday, August 15th. Cormark reduced their price objective on Pollard Banknote from C$34.00 to C$33.00 in a research report on Thursday, August 15th. Canaccord Genuity Group upped their target price on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th. Finally, Acumen Capital cut their price objective on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th.

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.