Transcontinental (TSE:TCL.B) Stock Passes Above 50-Day Moving Average of $14.13

Transcontinental Inc. (TSE:TCL.BGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$14.13 and traded as high as C$15.09. Transcontinental shares last traded at C$15.09, with a volume of 200 shares changing hands.

Transcontinental Price Performance

The company has a debt-to-equity ratio of 53.48, a current ratio of 2.16 and a quick ratio of 1.09. The company’s 50 day moving average price is C$14.13 and its 200 day moving average price is C$14.09. The firm has a market capitalization of C$201.60 million, a P/E ratio of 13.24 and a beta of 1.03.

About Transcontinental

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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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