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Transcontinental (TSE:TCL.B) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$18.13 and traded as high as C$18.44. Transcontinental shares last traded at C$18.44, with a volume of 200 shares changing hands.

Transcontinental Price Performance

The company has a market capitalization of C$237.27 million, a PE ratio of 13.35 and a beta of 0.98. The company has a debt-to-equity ratio of 54.12, a current ratio of 1.49 and a quick ratio of 1.09. The stock's 50 day simple moving average is C$18.18 and its 200-day simple moving average is C$17.39.

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.

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