Kallo Inc (NASDAQ:PCOM) Shifting Institutional Investors Sentiment

June 19, 2018 - By Eugene Smith

Points International Ltd. (NASDAQ:PCOM) Logo

Sentiment for Kallo Inc (NASDAQ:PCOM)

Kallo Inc (NASDAQ:PCOM) institutional sentiment increased to 2 in 2018 Q1. Its up 0.31, from 1.69 in 2017Q4. The ratio is better, as 28 investment managers increased or started new stock positions, while 14 sold and reduced their equity positions in Kallo Inc. The investment managers in our partner’s database now have: 5.23 million shares, up from 5.15 million shares in 2017Q4. Also, the number of investment managers holding Kallo Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 8 Increased: 16 New Position: 12.

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 $228.49 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 memberÂ’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 48.01 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.

The stock increased 2.64% or $0.402 during the last trading session, reaching $15.602. About 278,494 shares traded or 246.23% up from the average. Points International Ltd. (NASDAQ:PCOM) has risen 32.87% since June 19, 2017 and is uptrending. It has outperformed by 20.30% the S&P500.

Wealthtrust Axiom Llc holds 2.88% of its portfolio in Points International Ltd. for 808,962 shares. Cannell Capital Llc owns 532,071 shares or 1.67% of their US portfolio. Moreover, Pembroke Management Ltd has 1.61% invested in the company for 1.19 million shares. The New York-based Harber Asset Management Llc has invested 0.48% in the stock. Prescott Group Capital Management L.L.C., a Oklahoma-based fund reported 99,723 shares.

More news for Points International Ltd. (NASDAQ:PCOM) were recently published by: Nasdaq.com, which released: “Air Europa SUMA Expands Partnership With Points To Enhance Loyalty Program” on June 19, 2018. Nasdaq.com‘s article titled: “Points International to Present at the 46th Annual Cowen Technology, Media & Telecom Conference on May 30, 2018” and published on May 22, 2018 is yet another important article.

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

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