CCL Industries (TSE:CCL.A) Share Price Crosses Below 50-Day Moving Average – What’s Next?

CCL Industries Inc. (TSE:CCL.A) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$77.98 and traded as low as C$73.00. CCL Industries shares last traded at C$73.00, with a volume of 300 shares traded.

CCL Industries Stock Up 0.0 %

The firm has a market cap of C$857.75 million, a P/E ratio of 19.41 and a beta of 0.57. The stock’s 50-day simple moving average is C$77.98 and its 200 day simple moving average is C$77.42. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

About CCL Industries

CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.