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Transcontinental (TSE:TCL.B) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

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 Monday . The stock has a 50-day moving average of C$17.84 and traded as high as C$19.11. Transcontinental shares last traded at C$19.11, with a volume of 808 shares traded.

Transcontinental Stock Performance

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's 50 day moving average price is C$17.97 and its 200-day moving average price is C$17.88. The stock has a market capitalization of C$260.12 million, a P/E ratio of 14.64 and a beta of 0.98.

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.

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