Transcontinental (TSE:TCL.B) Stock Price Crosses Above 50 Day Moving Average of $16.08

Transcontinental Inc. (TSE:TCL.BGet Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$16.08 and traded as high as C$17.25. Transcontinental shares last traded at C$16.65, with a volume of 755 shares changing hands.

Transcontinental Stock Up 0.1 %

The firm has a 50 day moving average price of C$16.08 and a 200-day moving average price of C$14.95. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 53.50. The firm has a market cap of C$222.44 million, a PE ratio of 15.71 and a beta of 0.98.

Transcontinental Company Profile

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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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