Points International Ltd. (PCOM) Surges to 52-Week High, Is Now Top Performer

June 20, 2018 - By Dolores Ford

Points International Ltd. (NASDAQ:PCOM) Logo

Investors sentiment increased to 2 in Q1 2018. Its up 0.31, from 1.69 in 2017Q4. It increased, as 6 investors sold Points International Ltd. shares while 8 reduced holdings. 12 funds opened positions while 16 raised stakes. 5.23 million shares or 1.53% more from 5.15 million shares in 2017Q4 were reported.
Millennium Management Ltd reported 29,800 shares or 0% of all its holdings. 148,934 were reported by Deutsche Bank & Trust Ag. Susquehanna Gru Llp invested in 35,149 shares. Pembroke Ltd has invested 1.61% of its portfolio in Points International Ltd. (NASDAQ:PCOM). Public Employees Retirement Systems Of Ohio invested in 0% or 4,472 shares. Jpmorgan Chase & has invested 0% in Points International Ltd. (NASDAQ:PCOM). Matarin Cap Mgmt Lc holds 87,397 shares. Morgan Stanley has 0% invested in Points International Ltd. (NASDAQ:PCOM) for 19,753 shares. Bancorp Of New York Mellon stated it has 53,731 shares or 0% of all its holdings. Hillsdale Inv Mngmt Incorporated holds 112,300 shares or 0.15% of its portfolio. Manatuck Hill Prtn Lc invested in 0.12% or 23,136 shares. Geode Capital Mgmt Ltd Llc reported 22,022 shares. Goldman Sachs Grp Inc Inc holds 0% or 11,904 shares. Tower Capital (Trc) has 2,642 shares. Retail Bank Of Montreal Can accumulated 3,083 shares.

The stock of Points International Ltd. (NASDAQ:PCOM) hit a new 52-week high and has $17.31 target or 8.00 % above today’s $16.03 share price. The 6 months bullish chart indicates low risk for the $234.76 million company. The 1-year high was reported on Jun, 20 by Barchart.com. If the $17.31 price target is reached, the company will be worth $18.78 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.37% or $0.06 during the last trading session, reaching $16.03. About 409,955 shares traded or 361.54% up from the average. Points International Ltd. (NASDAQ:PCOM) has risen 32.87% since June 20, 2017 and is uptrending. It has outperformed by 20.30% the S&P500.

More important recent Points International Ltd. (NASDAQ:PCOM) news were published by: Streetinsider.com which released: “POINTS INTERNATIONAL LTD.” on June 20, 2018, also Nasdaq.com published article titled: “Points International Appoints David Adams as Chairman of the Board of Directors”, Nasdaq.com published: “Points International to Present at the 46th Annual Cowen Technology, Media & Telecom Conference on May 30, 2018” on May 22, 2018. More interesting news about Points International Ltd. (NASDAQ:PCOM) was released by: Nasdaq.com and their article: “Air Europa SUMA Expands Partnership With Points To Enhance Loyalty Program” with publication date: June 19, 2018.

Points International Ltd. provides e-commerce and technology services to loyalty program operators in the United States, Canada, Europe, and internationally. The company has market cap of $234.76 million. The firm offers various white label or private branded e-commerce services, including online sale of loyalty currency direct to program members in order for the members to top-up their accounts to reach a redemption threshold or as a gift for friends and family members; and the online transfer of pre-existing loyalty currency from one member into another member's account, primarily a family member or friend, as another means of enabling that other member to accumulate sufficient miles or points to reach a redemption threshold. It has a 49.32 P/E ratio. It also operates Points Loyalty Wallet, a set of platform capabilities accessible through application program interfaces that enable loyalty programs, merchants, and other businesses to embed balance tracking and loyalty commerce transactions into their product offerings, and allow users to track, manage, and access multiple loyalty rewards programs.

Points International Ltd. (NASDAQ:PCOM) Institutional Positions Chart

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