CCL Industries (OTCMKTS:CCDBF) Shares Down 0.6% – Should You Sell?

CCL Industries Inc. (OTCMKTS:CCDBF) shares traded down 0.6% during mid-day trading on Monday . The stock traded as low as $58.7550 and last traded at $59.1450. 411 shares were traded during mid-day trading, a decline of 31% from the average session volume of 598 shares. The stock had previously closed at $59.48.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of CCL Industries in a research note on Monday, August 18th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

CCL Industries Price Performance

The business’s 50-day simple moving average is $56.90 and its two-hundred day simple moving average is $57.42.

About CCL Industries

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.