Shares of CCL Industries Inc. (OTCMKTS:CCDBF – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $75.17 and last traded at $75.17, with a volume of 8 shares trading hands. The stock had previously closed at $64.94.
Analyst Ratings Changes
Several research firms recently commented on CCDBF. TD Securities reissued a “buy” rating on shares of CCL Industries in a research report on Friday, May 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CCL Industries in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on CCDBF
CCL Industries Stock Up 0.2%
CCL Industries (OTCMKTS:CCDBF – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.03. CCL Industries had a return on equity of 14.62% and a net margin of 10.37%.The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion.
CCL Industries Company Profile
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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