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Transcontinental (TSE:TCL.B) Share Price Passes Above Fifty Day Moving Average - What's Next?

Transcontinental logo with Consumer Cyclical background

Transcontinental Inc. (TSE:TCL.B - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$20.62 and traded as high as C$20.70. Transcontinental shares last traded at C$20.70, with a volume of 200 shares changing hands.

Transcontinental Price Performance

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 stock has a market capitalization of C$276.55 million, a price-to-earnings ratio of 15.56 and a beta of 0.98. The business's 50 day simple moving average is C$20.62 and its 200-day simple moving average is C$18.88.

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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