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CCL Industries (TSE:CCL.A) Stock Price Passes Above Fifty Day Moving Average - Here's What Happened

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 Friday . The stock has a 50-day moving average of C$75.01 and traded as high as C$77.77. CCL Industries shares last traded at C$77.77, with a volume of 100 shares changing hands.

CCL Industries Price Performance

The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The firm has a market cap of C$913.80 million, a PE ratio of 20.68 and a beta of 0.57. The firm has a 50-day simple moving average of C$75.01 and a 200 day simple moving average of C$72.99.

About CCL Industries

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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