CCL Industries (TSE:CCL.A) Sets New 52-Week Low – Here’s Why

Shares of CCL Industries Inc. (TSE:CCL.AGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$69.00 and last traded at C$69.00, with a volume of 100 shares. The stock had previously closed at C$69.69.

CCL Industries Stock Down 1.0 %

The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The business has a 50-day simple moving average of C$70.92 and a 200-day simple moving average of C$75.88. The company has a market cap of C$810.75 million, a PE ratio of 18.35 and a beta of 0.57.

About CCL Industries

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CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.

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