The stock of Points International Ltd. (TSE:PTS) is a huge mover today! About 18,244 shares traded hands or 230.15% up from the average. Points International Ltd. (TSE:PTS) has declined 0.62% since March 30, 2016 and is downtrending. It has underperformed by 1.83% the S&P500.
The move comes after 8 months negative chart setup for the $137.20 million company. It was reported on Nov, 3 by Barchart.com. We have $7.71 PT which if reached, will make TSE:PTS worth $19.21 million less.
More recent Points International Ltd. (TSE:PTS) news were published by: Globenewswire.com which released: “Points International Ltd. Reports First Quarter 2016 Financial Results” on May 04, 2016. Also Globenewswire.com published the news titled: “Points International Ltd. to Report First Quarter 2016 Results on Wednesday …” on April 21, 2016. Seekingalpha.com‘s news article titled: “Points International: 3 Pipelines – One For Top Line Growth And Two For Bottom …” with publication date: May 30, 2016 was also an interesting one.
Points International Ltd. provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. The company has a market cap of $137.20 million. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations. It has a 28.98 P/E ratio. The Firm offers the consumer-focused Points Loyalty Wallet that allows users to track, manage and access multiple loyalty rewards programs through the Points.com Website.
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