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CCL Industries (TSE:CCL.A) Shares Cross Above Fifty Day Moving Average - What's Next?

CCL Industries logo with Consumer Cyclical background

Shares of CCL Industries Inc. (TSE:CCL.A - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$78.65 and traded as high as C$79.79. CCL Industries shares last traded at C$79.79, with a volume of 100 shares.

CCL Industries Price Performance

The company has a market cap of C$937.53 million, a PE ratio of 21.22 and a beta of 0.57. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The firm's fifty day simple moving average is C$78.79 and its 200-day simple moving average is C$73.83.

CCL Industries Company Profile

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CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.

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