CCL Industries (TSE:CCL.A) Issues Earnings Results

CCL Industries (TSE:CCL.AGet Free Report) announced its quarterly earnings results on Wednesday. The company reported C$1.35 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$2.11 billion during the quarter. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%.

CCL Industries Stock Up 6.9%

CCL.A stock opened at C$97.11 on Friday. The stock has a market cap of C$16.69 billion, a PE ratio of 21.25 and a beta of 0.49. The firm’s 50-day simple moving average is C$90.27 and its 200 day simple moving average is C$87.97. CCL Industries has a fifty-two week low of C$75.99 and a fifty-two week high of C$97.11. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

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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