What’s in Points International Ltd. After Reaching 52-Week Low?

 What's in Points International Ltd. After Reaching 52 Week Low?

The stock of Points International Ltd. (TSE:PTS) hit a new 52-week low and has $7.83 target or 13.00% below today’s $9.00 share price. The 6 months bearish chart indicates high risk for the $137.81 million company. The 1-year low was reported on Nov, 3 by Barchart.com. If the $7.83 price target is reached, the company will be worth $17.92M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 19,644 shares traded hands or 255.48% 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.

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 $137.81 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 29.11 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment