Transcontinental Inc. (OTCMKTS:TCLAF – Get Free Report) shares traded down 0.3% during trading on Friday. The company traded as low as $3.6871 and last traded at $3.6871. Approximately 9,890 shares changed hands during trading, a decline of 77% from the average daily volume of 43,496 shares. The stock had previously closed at $3.70.
Analyst Ratings Changes
Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Transcontinental in a report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Transcontinental
Transcontinental Stock Performance
About Transcontinental
Transcontinental Inc is a Canadian company headquartered in Montreal, Quebec, with operations focused on printing, flexible packaging and paper products. The company serves consumer products, retail, publishing and other business customers through manufacturing and commercial services.
Its printing activities include books, magazines, newspapers, marketing materials and retail products. Transcontinental also produces flexible packaging for food, consumer and industrial goods, as well as recycled and specialty paper products used in packaging and publishing applications.
Founded in 1976, Transcontinental has expanded from a printing business into a diversified packaging and paper company serving customers primarily across Canada and the United States, with additional operations in Mexico.
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