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CCL Industries (TSE:CCL.A) Shares Cross Above 50-Day Moving Average - Time to Sell?

CCL Industries logo with Consumer Cyclical background

CCL Industries Inc. (TSE:CCL.A - Get Free Report)'s share price 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 stock has a 50-day moving average price of C$78.65 and a two-hundred day moving average price of C$73.72. The stock has a market cap of C$937.53 million, a price-to-earnings ratio of 21.22 and a beta of 0.57. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08.

About CCL Industries

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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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