Richards Packaging Income Fund (TSE:RPI.UN) Share Price Crosses Above 50-Day Moving Average of $31.06

Richards Packaging Income Fund (TSE:RPI.UNGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$31.06 and traded as high as C$32.00. Richards Packaging Income Fund shares last traded at C$31.80, with a volume of 3,000 shares changing hands.

Richards Packaging Income Fund Trading Up 1.1 %

The company’s 50-day moving average price is C$31.06 and its 200-day moving average price is C$31.19. The firm has a market cap of C$348.53 million, a price-to-earnings ratio of 9.72 and a beta of 0.47. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16.

Richards Packaging Income Fund Company Profile

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Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.

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