Transcontinental (TSE:TCL.B) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Shares of Transcontinental Inc. (TSE:TCL.BGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.34 and traded as low as C$7.24. Transcontinental shares last traded at C$7.24, with a volume of 200 shares.

Transcontinental Stock Performance

The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The company has a market capitalization of C$605.40 million, a P/E ratio of 1.81 and a beta of 0.16. The business has a fifty day moving average price of C$6.85 and a 200 day moving average price of C$12.30.

Transcontinental Company Profile

(Get Free Report)

Transcontinental, or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions.

See Also

Receive News & Ratings for Transcontinental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental and related companies with MarketBeat.com's FREE daily email newsletter.