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Transcontinental (TSE:TCL.B) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$17.57 and traded as high as C$18.05. Transcontinental shares last traded at C$18.05, with a volume of 200 shares trading hands.

Transcontinental Price Performance

The business's 50 day moving average is C$17.57 and its two-hundred day moving average is C$16.56. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49. The firm has a market capitalization of C$241.15 million, a PE ratio of 13.57 and a beta of 0.98.

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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