CCL Industries (TSE:CCL.A) Stock Passes Above Fifty Day Moving Average – What’s Next?

CCL Industries Inc. (TSE:CCL.AGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$80.16 and traded as high as C$83.38. CCL Industries shares last traded at C$83.38, with a volume of 100 shares trading hands.

CCL Industries Trading Down 0.1 %

The stock has a market cap of C$979.72 million, a P/E ratio of 22.18 and a beta of 0.57. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The firm’s fifty day simple moving average is C$80.16 and its 200-day simple moving average is C$74.96.

About CCL Industries

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CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.

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