Transcontinental Inc. (TSE:TCL.B – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$17.65 and traded as high as C$19.26. Transcontinental shares last traded at C$19.25, with a volume of 2,000 shares changing hands.
Transcontinental Trading Up 6.6 %
The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The stock has a market cap of C$257.18 million, a price-to-earnings ratio of 14.47 and a beta of 0.98. The business’s 50 day simple moving average is C$17.65 and its 200 day simple moving average is C$16.78.
About Transcontinental
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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