Transcontinental (TSE:TCL.B) Shares Cross Above 50 Day Moving Average of $15.91

Shares of Transcontinental Inc. (TSE:TCL.B) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$15.91 and traded as high as C$16.51. Transcontinental shares last traded at C$16.51, with a volume of 100 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 53.50. The business has a 50 day simple moving average of C$15.99 and a two-hundred day simple moving average of C$14.89. The firm has a market cap of C$227.12 million, a PE ratio of 16.04 and a beta of 0.98.

About Transcontinental

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.