Shares of Transcontinental Inc. (TSE:TCL.B – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.71 and traded as low as C$6.51. Transcontinental shares last traded at C$6.51, with a volume of 301 shares.
Transcontinental Stock Down 6.8%
The stock’s fifty day moving average price is C$6.74 and its 200 day moving average price is C$13.59. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12. The stock has a market cap of C$507.57 million, a P/E ratio of 1.52 and a beta of 0.14.
About Transcontinental
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.
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