Points International Ltd. (NASDAQ:PCOM) (TSE:PTS)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.09 and traded as high as $15.88. Points International shares last traded at $15.87, with a volume of 7,520 shares.
Several research firms have weighed in on PCOM. Zacks Investment Research downgraded Points International from a “buy” rating to a “hold” rating in a research note on Tuesday, March 9th. Royal Bank of Canada upped their price target on Points International from $12.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 4th. Finally, TheStreet downgraded Points International from a “c” rating to a “d+” rating in a research note on Friday, March 5th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $16.25.
The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $238.49 million, a P/E ratio of -98.81 and a beta of 1.71. The business has a 50-day moving average price of $15.61 and a 200 day moving average price of $13.11.
Points International (NASDAQ:PCOM) (TSE:PTS) last posted its earnings results on Tuesday, March 2nd. The information services provider reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.05. The firm had revenue of $56.36 million during the quarter, compared to the consensus estimate of $48.85 million. Points International had a negative return on equity of 0.21% and a negative net margin of 0.70%. On average, sell-side analysts predict that Points International Ltd. will post -0.38 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Points International stock. QV Investors Inc. grew its position in shares of Points International Ltd. (NASDAQ:PCOM) (TSE:PTS) by 461.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 680,928 shares of the information services provider’s stock after acquiring an additional 559,728 shares during the quarter. QV Investors Inc. owned about 5.15% of Points International worth $9,712,000 at the end of the most recent reporting period. Institutional investors own 52.77% of the company’s stock.
Points International Company Profile (NASDAQ:PCOM)
Points International Ltd. provides e-commerce and technology solutions to loyalty industry in the United States, Europe, and internationally. It operates through three segments: Loyalty Currency Retailing, Platform Partners, and Points Travel. The Loyalty Currency Retailing segment provides products and services designed to help loyalty program members unlock the value of their loyalty currency and accelerate the time to a reward, including buy, gift, transfer, reinstate, accelerator and status miles services.
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