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Richards Packaging Income Fund (TSE:RPI.UN) Shares Pass Above 50 Day Moving Average - Here's What Happened

Richards Packaging Income Fund logo with Consumer Cyclical background

Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$30.46 and traded as high as C$32.79. Richards Packaging Income Fund shares last traded at C$32.60, with a volume of 2,702 shares changing hands.

Richards Packaging Income Fund Stock Performance

The company has a current ratio of 1.62, a quick ratio of 0.61 and a debt-to-equity ratio of 24.16. The firm's fifty day moving average price is C$30.46 and its 200-day moving average price is C$29.52. The company has a market cap of C$358.17 million, a P/E ratio of 9.99 and a beta of 0.47.

About Richards Packaging Income Fund

(Get Free Report)

RICHARDS Packaging business model has changed. Originally a manufacturer of glass containers for pharmacies, RICHARDS has become a major North American manufacturer and distributor of containers for the food, pharmaceutical, health & beauty and industrial sectors. While continuing to grow and expand into different areas of healthcare.

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