Shares of Transcontinental Inc. (TSE:TCL.A - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$17.75 and traded as high as C$19.14. Transcontinental shares last traded at C$19.00, with a volume of 61,589 shares.
Analyst Upgrades and Downgrades
Separately, TD Securities set a C$23.00 price objective on Transcontinental and gave the company a "buy" rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$22.21.
View Our Latest Stock Report on TCL.A
Transcontinental Trading Up 2.5 %
The firm has a 50-day simple moving average of C$17.98 and a 200-day simple moving average of C$17.79. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The stock has a market cap of C$1.46 billion, a PE ratio of 15.43, a P/E/G ratio of 6.05 and a beta of 0.98.
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.
Further Reading
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