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Transcontinental (TSE:TCL.B) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$17.72 and traded as high as C$18.18. Transcontinental shares last traded at C$18.18, with a volume of 100 shares trading hands.

Transcontinental Trading Up 0.4 %

The business has a 50 day moving average of C$17.75 and a two-hundred day moving average of C$17.80. The firm has a market cap of C$242.88 million, a P/E ratio of 13.67 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.

Transcontinental Company Profile

(Get Free Report)

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.

Further Reading

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