Free Trial

Richards Packaging Income Fund (TSE:RPI.UN) Stock Passes Above 50-Day Moving Average - Time to Sell?

Richards Packaging Income Fund logo with Consumer Cyclical background

Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$31.29 and traded as high as C$31.29. Richards Packaging Income Fund shares last traded at C$30.82, with a volume of 22,407 shares changing hands.

Richards Packaging Income Fund Stock Performance

The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The firm has a market cap of C$337.57 million, a price-to-earnings ratio of 9.43 and a beta of 0.47. The business's 50-day simple moving average is C$31.26 and its two-hundred day simple moving average is C$30.93.

Richards Packaging Income Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 11th. Investors of record on Friday, October 11th were issued a $0.11 dividend. This represents a $1.32 annualized dividend and a yield of 4.29%. The ex-dividend date was Friday, September 27th. Richards Packaging Income Fund's payout ratio is presently 40.37%.

About Richards Packaging Income Fund

(Get Free Report)

Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.

Read More

Should you invest $1,000 in Richards Packaging Income Fund right now?

Before you consider Richards Packaging Income Fund, 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 Richards Packaging Income Fund wasn't on the list.

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

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

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

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines