Pollard Banknote (TSE:PBL) Hits New 12-Month Low at $17.95

Pollard Banknote Limited (TSE:PBL) shares reached a new 52-week low on Monday . The company traded as low as C$17.95 and last traded at C$18.16, with a volume of 12451 shares traded. The stock had previously closed at C$18.36.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PBL. Canaccord Genuity Group lowered their price target on shares of Pollard Banknote from C$40.00 to C$28.00 and set a “buy” rating on the stock in a research report on Thursday. Raymond James lowered their price target on shares of Pollard Banknote from C$43.00 to C$40.50 in a research report on Friday, May 10th. Finally, Acumen Capital decreased their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th.

Pollard Banknote Stock Performance

The firm has a market capitalization of C$492.22 million, a price-to-earnings ratio of 14.93 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. The firm has a 50 day moving average price of C$28.75 and a 200-day moving average price of C$32.71.

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.