Pollard Banknote (TSE:PBL) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Pollard Banknote Limited (TSE:PBL)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$19.70 and traded as high as C$22.63. Pollard Banknote shares last traded at C$22.30, with a volume of 24,214 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PBL. Cormark decreased their target price on shares of Pollard Banknote from C$42.00 to C$37.00 in a research report on Thursday, March 27th. Raymond James cut their target price on shares of Pollard Banknote from C$46.00 to C$39.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th.

Pollard Banknote Stock Up 0.5%

The company has a current ratio of 1.87, a quick ratio of 1.01 and a debt-to-equity ratio of 51.70. The firm’s 50 day simple moving average is C$19.70 and its two-hundred day simple moving average is C$22.94. The firm has a market cap of C$615.12 million, a price-to-earnings ratio of 12.79 and a beta of 0.63.

Pollard Banknote Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend was Monday, March 31st. Pollard Banknote’s dividend payout ratio (DPR) is 11.47%.

Pollard Banknote Company Profile

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.