CCL Industries Inc. (OTCMKTS:CCDBF – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $61.63, but opened at $63.58. CCL Industries shares last traded at $63.58, with a volume of 100 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Scotiabank lowered CCL Industries from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, CCL Industries has an average rating of “Moderate Buy”.
View Our Latest Stock Analysis on CCDBF
CCL Industries Stock Up 0.4%
CCL Industries (OTCMKTS:CCDBF – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.84 by $0.03. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. CCL Industries had a net margin of 10.37% and a return on equity of 14.71%.
About CCL Industries
CCL Industries is a global specialty packaging company focused on the design and manufacture of pressure-sensitive and speciality labels, flexible packaging, tubes, and security products. The company serves a wide range of end markets, including consumer goods, healthcare, personal care, food and beverage, automotive, electronics, and industrial markets. Its portfolio comprises pressure-sensitive labels, shrink sleeves, in-mold labels, flexible packaging for food and other consumer products, and security-focused solutions such as tamper-evident seals and authentication systems.
Founded in 1951 and headquartered in Toronto, Ontario, CCL Industries has grown through a combination of organic innovation and strategic acquisitions.
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