CCL Industries (TSE:CCL.A) Reaches New 1-Year High – Should You Buy?

CCL Industries Inc. (TSE:CCL.AGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$91.49 and last traded at C$91.49, with a volume of 102 shares traded. The stock had previously closed at C$89.95.

CCL Industries Trading Up 1.2%

The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. The company has a fifty day moving average price of C$86.11 and a 200-day moving average price of C$86.31. The firm has a market cap of C$15.64 billion, a price-to-earnings ratio of 19.91 and a beta of 0.49.

CCL Industries (TSE:CCL.AGet Free Report) last posted its earnings results on Wednesday, May 13th. The company reported C$1.20 earnings per share for the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. The firm had revenue of C$1.94 billion during the quarter. As a group, research analysts expect that CCL Industries Inc. will post 4.6352097 EPS for the current year.

About CCL Industries

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CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.

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