Transcontinental Inc. (TSE:TCL.A - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$17.71 and traded as high as C$18.38. Transcontinental shares last traded at C$18.19, with a volume of 188,101 shares changing hands.
Analyst Upgrades and Downgrades
Separately, TD Securities set a C$23.00 price target on Transcontinental and gave the company a "buy" rating in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$22.21.
Read Our Latest Research Report on Transcontinental
Transcontinental Stock Up 0.1 %
The firm has a market cap of C$1.34 billion, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 6.05 and a beta of 0.98. The stock's 50 day simple moving average is C$17.78 and its 200 day simple moving average is C$17.73. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49.
About Transcontinental
(
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Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.
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