Transcontinental (TSE:TCL.B) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Transcontinental Inc. (TSE:TCL.BGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$17.96 and traded as high as C$18.85. Transcontinental shares last traded at C$18.85, with a volume of 100 shares traded.

Transcontinental Stock Up 5.3 %

The business’s 50 day moving average is C$17.97 and its 200 day moving average is C$17.61. The company has a market capitalization of C$251.84 million, a price-to-earnings ratio of 14.17 and a beta of 0.98. 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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