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Transcontinental (TSE:TCL.B) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$19.62 and traded as high as C$20.64. Transcontinental shares last traded at C$20.64, with a volume of 500 shares trading hands.

Transcontinental Price Performance

The firm has a market capitalization of C$275.75 million, a P/E ratio of 15.52 and a beta of 0.98. The stock's fifty day simple moving average is C$19.79 and its 200 day simple moving average is C$18.59. The company has a debt-to-equity ratio of 54.12, a current ratio of 1.49 and a quick ratio of 1.09.

About Transcontinental

(Get Free Report)

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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