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Transcontinental (TSE:TCL.B) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Transcontinental logo with Consumer Cyclical background

Key Points

  • Transcontinental Inc. (TSE:TCL.B) recently traded above its 50-day moving average of C$19.91, reaching a high of C$20.65 during trading.
  • The company has a market capitalization of C$1.69 billion and a P/E ratio of 9.44, indicating potentially strong valuation metrics.
  • Transcontinental operates in packaging, commercial printing, and specialty media, having evolved from a direct marketing company since its establishment in 1976.
  • Five stocks we like better than Transcontinental.

Shares of Transcontinental Inc. (TSE:TCL.B - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$19.91 and traded as high as C$20.65. Transcontinental shares last traded at C$20.21, with a volume of 300 shares trading hands.

Transcontinental Price Performance

The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12. The firm's 50 day simple moving average is C$19.88 and its 200-day simple moving average is C$19.37. The stock has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 9.44 and a beta of 0.72.

Transcontinental Company Profile

(Get Free Report)

Transcontinental Inc, operating as TC Transcontinental, is a Montreal-based packaging, commercial printing and specialty media company. The company was established in 1976 as a direct marketing company, and later expanded into newspaper printing, and eventually publishing of newspapers and magazines.

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