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CCL Industries (TSE:CCL.A) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

CCL Industries logo with Consumer Cyclical background

CCL Industries Inc. (TSE:CCL.A - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$77.98 and traded as low as C$73.00. CCL Industries shares last traded at C$73.00, with a volume of 300 shares.

CCL Industries Stock Performance

The stock has a fifty day simple moving average of C$77.77 and a 200-day simple moving average of C$77.41. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The company has a market capitalization of C$857.63 million, a P/E ratio of 19.41 and a beta of 0.57.

About CCL Industries

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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.

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