What’s Propelling Points International Ltd. (PCOM) to Increase So Much?

March 14, 2018 - By Ivan Hodges

Investors sentiment decreased to 1.33 in Q3 2017. Its down 0.36, from 1.69 in 2017Q2. It fall, as 7 investors sold Points International Ltd. shares while 8 reduced holdings. 11 funds opened positions while 9 raised stakes. 5.04 million shares or 1.87% less from 5.13 million shares in 2017Q2 were reported.
Weber Alan W has invested 0.11% of its portfolio in Points International Ltd. (NASDAQ:PCOM). Citadel Advsr Limited Liability Co has invested 0% in Points International Ltd. (NASDAQ:PCOM). Deutsche Bancorp Ag, a Germany-based fund reported 103,757 shares. Renaissance Techs Ltd Com has invested 0.01% in Points International Ltd. (NASDAQ:PCOM). The California-based Rice Hall James Associates Ltd Co has invested 0.18% in Points International Ltd. (NASDAQ:PCOM). Virtu Fincl Ltd Liability owns 56,543 shares. 126,630 were reported by Harber Asset Mngmt. Capital Advisers Limited Company holds 0% of its portfolio in Points International Ltd. (NASDAQ:PCOM) for 23,545 shares. Jpmorgan Chase & Company holds 0% of its portfolio in Points International Ltd. (NASDAQ:PCOM) for 22,575 shares. Acadian Asset Mngmt Lc reported 500 shares or 0% of all its holdings. Wedge Mgmt L Ltd Partnership Nc holds 43,800 shares. Blackrock invested in 0% or 31,759 shares. Bancshares Of Montreal Can stated it has 3,000 shares. 157,185 are held by Td Asset Incorporated. Susquehanna International Group Llp stated it has 69,339 shares or 0% of all its holdings.

The stock of Points International Ltd. (NASDAQ:PCOM) is a huge mover today! The stock increased 3.67% or $0.38 during the last trading session, reaching $10.73. About 58,206 shares traded. Points International Ltd. (NASDAQ:PCOM) has risen 10.91% since March 14, 2017 and is uptrending. It has underperformed by 5.79% the S&P500.
The move comes after 9 months positive chart setup for the $157.72 million company. It was reported on Mar, 14 by Barchart.com. We have $11.48 PT which if reached, will make NASDAQ:PCOM worth $11.04 million more.

More notable recent Points International Ltd. (NASDAQ:PCOM) news were published by: Reuters.com which released: “Dow, S&P weighed down by tariffs while tech boosts Nasdaq” on March 12, 2018, also Usatoday.com with their article: “Marriott, Starwood merger is complete, loyalty programs will reciprocate” published on September 23, 2016, Ft.com published: “Guide to the key points of Republican tax plan” on November 02, 2017. More interesting news about Points International Ltd. (NASDAQ:PCOM) were released by: Ft.com and their article: “Rising cheer on US economy points to series of Fed rate rises” published on December 10, 2017 as well as Seekingalpha.com‘s news article titled: “United States Steel (X) Q2 2017 Results – Earnings Call Transcript” with publication date: July 26, 2017.

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 $157.72 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 46.65 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.

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