Transcontinental Inc. (TSE:TCL.A - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$17.84 and traded as high as C$20.56. Transcontinental shares last traded at C$20.38, with a volume of 191,212 shares traded.
Analysts Set New Price Targets
A number of research firms have weighed in on TCL.A. TD Securities set a C$23.00 target price on shares of Transcontinental and gave the stock a "buy" rating in a report on Thursday, January 30th. National Bankshares boosted their target price on shares of Transcontinental from C$22.00 to C$23.00 and gave the stock an "outperform" rating in a report on Tuesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$22.21.
View Our Latest Stock Report on TCL.A
Transcontinental Stock Performance
The stock's 50 day moving average price is C$18.18 and its 200 day moving average price is C$17.86. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49. The company has a market capitalization of C$1.45 billion, a P/E ratio of 15.32, a price-to-earnings-growth ratio of 6.05 and a beta of 0.98.
Transcontinental Company Profile
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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.
See Also
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