Shares of Points International Ltd. (NASDAQ:PCOM) traded down 1.7% during mid-day trading on Thursday . The company traded as low as $8.77 and last traded at $8.80, with a volume of 103,687 shares changing hands. The stock had previously closed at $8.95.

A number of analysts have issued reports on the stock. B. Riley reissued a “neutral” rating and issued a $9.50 price objective on shares of Points International in a report on Wednesday, June 15th. Zacks Investment Research raised shares of Points International from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $23.00 price target (up previously from $21.75) on shares of Points International in a report on Friday, May 6th.

The stock has a market capitalization of $130.22 million and a P/E ratio of 30.71. The firm has a 50 day moving average price of $9.03 and a 200 day moving average price of $8.59.

Points International (NASDAQ:PCOM) last announced its earnings results on Wednesday, August 10th. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. On average, analysts forecast that Points International Ltd. will post $0.42 earnings per share for the current year.

Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. 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.

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