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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
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Transcontinental Inc. (TSE:TCL.B - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$17.97 and traded as high as C$18.53. Transcontinental shares last traded at C$18.53, with a volume of 100 shares trading hands.

Transcontinental Price Performance

The company has a 50-day moving average of C$17.99 and a 200 day moving average of C$17.73. The firm has a market cap of C$249.43 million, a P/E ratio of 14.04 and a beta of 0.98. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49.

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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