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

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$27.71 and traded as high as C$29.84. Richards Packaging Income Fund shares last traded at C$29.84, with a volume of 5,301 shares traded.

Richards Packaging Income Fund Trading Up 0.2%

The stock has a market capitalization of C$328.25 million, a PE ratio of 9.16 and a beta of 0.47. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The business's 50-day moving average is C$27.81 and its two-hundred day moving average is C$29.06.

About Richards Packaging Income Fund

(Get Free Report)

Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.

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