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CCL Industries (TSE:CCL.A) Stock Passes Above 50-Day Moving Average - Should You Sell?

CCL Industries logo with Consumer Cyclical background

Shares of CCL Industries Inc. (TSE:CCL.A - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$69.84 and traded as high as C$70.00. CCL Industries shares last traded at C$68.50, with a volume of 350 shares.

CCL Industries Price Performance

The stock's fifty day simple moving average is C$69.77 and its two-hundred day simple moving average is C$74.26. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The company has a market capitalization of C$804.88 million, a price-to-earnings ratio of 18.22 and a beta of 0.57.

CCL Industries Company Profile

(Get Free Report)

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.

Further Reading

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