Transcontinental (TSE:TCL.B) Share Price Crosses Above 50-Day Moving Average of $16.29

Transcontinental Inc. (TSE:TCL.BGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$16.29 and traded as high as C$16.61. Transcontinental shares last traded at C$16.60, with a volume of 200 shares.

Transcontinental Stock Down 0.5 %

The firm has a market capitalization of C$221.78 million, a price-to-earnings ratio of 12.48 and a beta of 0.98. The business has a 50 day simple moving average of C$16.29 and a 200-day simple moving average of C$15.06. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49.

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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