Points International (NASDAQ:PCOM) Downgraded by ValuEngine to “Sell”

ValuEngine cut shares of Points International (NASDAQ:PCOM) (TSE:PTS) from a hold rating to a sell rating in a research note issued to investors on Wednesday, ValuEngine reports.

Points International stock opened at $13.33 on Wednesday. The firm’s 50 day simple moving average is $11.46 and its 200-day simple moving average is $11.68. Points International has a fifty-two week low of $8.30 and a fifty-two week high of $14.50. The company has a market cap of $172.68 million, a P/E ratio of 15.77 and a beta of 1.11. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.20 and a quick ratio of 1.20.

Points International (NASDAQ:PCOM) (TSE:PTS) last announced its quarterly earnings data on Wednesday, November 13th. The information services provider reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.05). Points International had a net margin of 2.92% and a return on equity of 28.19%. The company had revenue of $98.00 million for the quarter.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Seizert Capital Partners LLC purchased a new position in Points International during the second quarter valued at approximately $321,000. Russell Investments Group Ltd. grew its position in Points International by 82.7% during the second quarter. Russell Investments Group Ltd. now owns 46,050 shares of the information services provider’s stock valued at $568,000 after purchasing an additional 20,844 shares in the last quarter. North Star Investment Management Corp. grew its position in Points International by 60.8% during the third quarter. North Star Investment Management Corp. now owns 65,925 shares of the information services provider’s stock valued at $723,000 after purchasing an additional 24,923 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Points International during the second quarter valued at approximately $1,015,000. 54.97% of the stock is currently owned by hedge funds and other institutional investors.

Points International Company Profile

Points International Ltd. provides e-commerce and technology services to loyalty program operators 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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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