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CCL Industries (TSE:CCL.A) Share Price Passes Below 50-Day Moving Average - Should You Sell?

CCL Industries logo with Consumer Cyclical background

Key Points

  • CCL Industries' shares have dropped below their 50-day moving average of C$78.10, with the latest trading price at C$77.29.
  • The company's market capitalization stands at C$13.48 billion, along with a P/E ratio of 17.33 and a debt-to-equity ratio of 48.08.
  • CCL Industries focuses on manufacturing and selling packaging-related products, with significant revenue generated from pressure-sensitive and extruded film materials.
  • Five stocks we like better than CCL Industries.

CCL Industries Inc. (TSE:CCL.A - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$78.10 and traded as low as C$77.29. CCL Industries shares last traded at C$77.29, with a volume of 0 shares trading hands.

CCL Industries Stock Performance

The business has a 50 day moving average of C$77.94 and a 200 day moving average of C$75.46. The company has a market capitalization of C$13.48 billion, a P/E ratio of 17.33 and a beta of 0.36. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

CCL Industries Company Profile

(Get Free Report)

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products.

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