Free Trial

Transcontinental (TSE:TCL.B) Trading 2% Higher - Here's Why

Transcontinental logo with Consumer Cyclical background

Shares of Transcontinental Inc. (TSE:TCL.B - Get Free Report) were up 2% on Wednesday . The company traded as high as C$18.03 and last traded at C$18.03. Approximately 500 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 712 shares. The stock had previously closed at C$17.68.

Transcontinental Price Performance

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 company has a fifty day moving average of C$17.50 and a 200-day moving average of C$16.17. The firm has a market cap of C$240.88 million, a P/E ratio of 13.56 and a beta of 0.98.

About Transcontinental

(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

→ The #1 Coin for November 2024 (From Crypto 101 Media) (Ad)

Should you invest $1,000 in Transcontinental right now?

Before you consider Transcontinental, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Transcontinental wasn't on the list.

While Transcontinental currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines