Transcontinental (TSE:TCL.B) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Transcontinental Inc. (TSE:TCL.BGet Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$17.97 and traded as high as C$18.53. Transcontinental shares last traded at C$18.53, with a volume of 100 shares changing hands.

Transcontinental Stock Performance

The company has a debt-to-equity ratio of 54.12, a current ratio of 1.49 and a quick ratio of 1.09. The stock has a 50-day moving average price of C$17.97 and a 200-day moving average price of C$17.69. The company has a market capitalization of C$247.56 million, a price-to-earnings ratio of 13.93 and a beta of 0.98.

Transcontinental Company Profile

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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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