Shares of Transcontinental Inc. (TSE:TCL.A - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$15.73 and traded as high as C$17.16. Transcontinental shares last traded at C$17.00, with a volume of 82,031 shares.
Analyst Ratings Changes
A number of analysts have weighed in on TCL.A shares. CIBC increased their price target on shares of Transcontinental from C$18.00 to C$19.00 and gave the company an "outperform" rating in a report on Monday, September 16th. BMO Capital Markets boosted their price target on shares of Transcontinental from C$16.50 to C$18.00 and gave the company a "market perform" rating in a report on Friday, September 13th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$20.50.
Check Out Our Latest Report on Transcontinental
Transcontinental Stock Performance
The stock has a market capitalization of C$1.21 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 6.05 and a beta of 0.98. The stock's 50-day simple moving average is C$17.22 and its 200 day simple moving average is C$15.75. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12.
About Transcontinental
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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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