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Transcontinental (TSE:TCL.B) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$18.02 and traded as high as C$18.40. Transcontinental shares last traded at C$18.40, with a volume of 100 shares trading hands.

Transcontinental Stock Down 5.3 %

The business's fifty day moving average price is C$18.05 and its two-hundred day moving average price is C$17.27. 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 has a market capitalization of C$232.86 million, a PE ratio of 13.11 and a beta of 0.98.

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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