CCL Industries (TSE:CCL.A) Share Price Passes Below 200 Day Moving Average - Should You Sell?

CCL Industries Inc. (TSE:CCL.A - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$77.02 and traded as low as C$72.88. CCL Industries shares last traded at C$72.88, with a volume of 544 shares changing hands.

CCL Industries Trading Down 1.9 %

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 stock has a market capitalization of C$856.34 million, a price-to-earnings ratio of 19.38 and a beta of 0.57. The business has a fifty day simple moving average of C$80.10 and a 200 day simple moving average of C$77.02.

CCL Industries Company Profile

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.