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Richards Packaging Income Fund (TSE:RPI.UN) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

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 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$28.60 and traded as high as C$31.75. Richards Packaging Income Fund shares last traded at C$31.75, with a volume of 3,760 shares traded.

Richards Packaging Income Fund Stock Performance

The company has a debt-to-equity ratio of 24.16, a quick ratio of 0.61 and a current ratio of 1.62. The stock has a market cap of C$353.46 million, a P/E ratio of 9.86 and a beta of 0.47. The company's 50 day moving average price is C$28.83 and its 200-day moving average price is C$29.19.

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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