Shares of Transcontinental Inc. (TSE:TCL.A - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$17.71 and traded as high as C$18.38. Transcontinental shares last traded at C$18.19, with a volume of 188,101 shares trading hands.
Analyst Ratings Changes
Separately, TD Securities set a C$23.00 target price on shares of Transcontinental and gave the company a "buy" rating in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$22.21.
Check Out Our Latest Stock Report on TCL.A
Transcontinental Stock Performance
The company has a market capitalization of C$1.30 billion, a price-to-earnings ratio of 13.68, a price-to-earnings-growth ratio of 6.05 and a beta of 0.98. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12. The stock has a 50-day simple moving average of C$17.71 and a 200-day simple moving average of C$17.71.
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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