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

CCL Industries Inc. (TSE:CCL.AGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$81.49 and last traded at C$81.49, with a volume of 386 shares trading hands. The stock had previously closed at C$76.30.

CCL Industries Stock Performance

The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The stock’s 50 day simple moving average is C$76.90 and its two-hundred day simple moving average is C$77.36. The company has a market capitalization of C$14.21 billion, a P/E ratio of 18.27 and a beta of 0.47.

CCL Industries Company Profile

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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.

Further Reading

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