Pollard Banknote (TSE:PBL) Hits New 12-Month Low at $19.65

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

Wall Street Analysts Forecast Growth

Separately, Raymond James lowered their target price on Pollard Banknote from C$43.00 to C$40.50 in a research note on Friday, May 10th.

Pollard Banknote Stock Down 35.2 %

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 quick ratio of 1.01, a current ratio of 1.64 and a debt-to-equity ratio of 44.64. The stock has a 50-day moving average of C$29.84 and a 200-day moving average of C$33.16.

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

Pollard Banknote Announces Dividend

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

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.