Transcontinental (TSE:TCL.B) Share Price Crosses Below 200-Day Moving Average of $13.52

Transcontinental Inc. (TSE:TCL.BGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.52 and traded as low as C$13.40. Transcontinental shares last traded at C$13.40, with a volume of 200 shares.

Transcontinental Price Performance

The company has a debt-to-equity ratio of 53.48, a quick ratio of 1.09 and a current ratio of 2.16. The company’s fifty day moving average price is C$14.29 and its 200 day moving average price is C$13.52. The firm has a market capitalization of C$179.02 million, a price-to-earnings ratio of 11.75 and a beta of 1.03.

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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