CCL Industries (TSE:CCL.A) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

CCL Industries Inc. (TSE:CCL.A) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$71.49 and traded as high as C$71.49. CCL Industries shares last traded at C$71.49, with a volume of 100 shares trading hands.

CCL Industries Stock Down 0.3 %

The business’s fifty day moving average is C$71.49 and its two-hundred day moving average is C$76.44. The stock has a market cap of C$840.01 million, a price-to-earnings ratio of 19.01 and a beta of 0.57. 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

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.