Transcontinental Inc. (TSE:TCL.A - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.69 and traded as high as C$17.78. Transcontinental shares last traded at C$17.72, with a volume of 158,518 shares traded.
Wall Street Analyst Weigh In
Separately, TD Securities set a C$23.00 price target on shares of Transcontinental and gave the company a "buy" rating in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Transcontinental has an average rating of "Moderate Buy" and a consensus price target of C$22.21.
Check Out Our Latest Stock Report on Transcontinental
Transcontinental Stock Performance
The stock's fifty day moving average is C$17.67 and its two-hundred day moving average is C$17.70. The firm has a market capitalization of C$1.28 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 6.05 and a beta of 0.98. 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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