Points International Sets New 1-Year Low at $17.06 (PCOM)
Shares of Points International (NASDAQ:PCOM) reached a new 52-week low during mid-day trading on Friday , American Banking News reports. The company traded as low as $17.06 and last traded at $17.18, with a volume of 51,980 shares traded. The stock had previously closed at $17.70.
Separately, analysts at Ascendiant Capital Markets raised their price target on shares of Points International from $35.00 to $36.00 in a research note on Thursday, June 19th. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a buy rating, Points International presently has a consensus rating of “Buy” and an average target price of $31.50.
The stock has a 50-day moving average of $20.71 and a 200-day moving average of $24.0. The company has a market cap of $259.7 million and a price-to-earnings ratio of 53.80.
Points International (NASDAQ:PCOM) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.01. Analysts expect that Points International will post $0.45 EPS for the current fiscal year.
Points International Ltd. provides a range of e-commerce and technology services to loyalty program operators using.
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