Pollard Banknote (TSE:PBL) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened
by Scott Moore · The Cerbat GemPollard Banknote Limited (TSE:PBL – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$19.66 and traded as low as C$19.29. Pollard Banknote shares last traded at C$19.29, with a volume of 2,526 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Acumen Capital boosted their price target on shares of Pollard Banknote from C$32.00 to C$34.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$35.00.
Pollard Banknote Price Performance
The firm has a 50 day moving average price of C$19.66 and a two-hundred day moving average price of C$20.78. The company has a market cap of C$522.14 million, a P/E ratio of 18.91 and a beta of 0.77. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87.
About Pollard Banknote
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.