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Transcontinental (TSE:TCL.B) Share Price Crosses Below 50-Day Moving Average - What's Next?

Transcontinental logo with Consumer Cyclical background

Key Points

  • Transcontinental Inc. (TSE:TCL.B) shares fell below their fifty-day moving average of C$20.68, trading as low as C$19.80 during Tuesday's session.
  • The company's market capitalization stands at C$264.53 million with a price-to-earnings ratio of 14.89 and a relatively high debt-to-equity ratio of 54.12.
  • Established in 1976, Transcontinental operates as a packaging, commercial printing, and specialty media company based in Montreal.
  • Want stock alerts on Transcontinental? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Transcontinental Inc. (TSE:TCL.B - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$20.68 and traded as low as C$19.80. Transcontinental shares last traded at C$19.80, with a volume of 1,440 shares trading hands.

Transcontinental Stock Performance

The firm has a market capitalization of C$253.97 million, a P/E ratio of 14.29 and a beta of 0.98. The company has a 50-day simple moving average of C$20.61 and a two-hundred day simple moving average of C$19.05. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49.

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.

Further Reading

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