Transcontinental (TSE:TCL.B) Shares Cross Above 50-Day Moving Average of $15.04
Transcontinental Inc. (TSE:TCL.B) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.04 and traded as high as $15.59. Transcontinental shares last traded at $15.58, with a volume of 900 shares changing hands.
The company has a debt-to-equity ratio of 70.88, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a market capitalization of $217.74 million and a P/E ratio of 9.21. The stock has a fifty day moving average price of C$15.04 and a two-hundred day moving average price of C$14.49.
About Transcontinental (TSE:TCL.B)
Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.
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